Promoter Harshbeena Zaveri releases pledged shares in NRB Bearings

Pledge releasedPromoter holding below 50%Ownership Changes View source PDF Explain this filing

NRBBEARING · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.0%Reaction day

₹535.00

prior close

₹533.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.6%+2.6% vs market

Auto Components & Equipments peers, median of 123sector-1.6%+2.6% vs sector

On the reaction day the stock moved 2.6 pts more than Nifty Microcap 250 and 2.6 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.9

10m

-0.5

15m

-0.9

30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.0-1.6+2.6-1.6+2.6

Next day

+1.1-0.6+1.7-1.6+2.8

-1.3-0.8-0.4-1.5+0.2

+2.7-2.1+4.8-3.3+6.0

+0.2-2.1+2.3-3.9+4.1

+0.5-0.8+1.4-3.2+3.7

-4.7-3.8-0.9-6.1+1.4

15d

-15.0-6.9-8.1-8.2-6.8

-15.1-8.0-7.1-8.2-6.9

—————

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 123Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoter Harshbeena Sahney Zaveri (holding 41.18% in NRB Bearings) has released pledged shares with Tata Capital Limited. She unpledged 30,00,254 shares from one demat account and simultaneously pledged 23,00,000 shares in another, resulting in net release of 7,00,254 pledged shares. Post-event pledged shares stand at 23,00,000 (2.37%), down from 30,00,254 (3.10%). The release was pursuant to prepayment of a loan.

Likely market impact

Lower pledged shares reduce risk of forced sale; signals financial discipline and loan prepayment by promoter.