The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on November 26, 2025 for Ms. Harshbeena Sahney Zaveri
NRBBEARING · price
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Awaiting price reaction for this filing.
Promoter Ms. Harshbeena Sahney Zaveri of NRB Bearings Limited has informed the exchanges about a pledge creation of 21,914,877 equity shares of the company, which equals about 22.61% of NRB Bearings' total share capital. The pledge was created on 19-20 November 2025 in favour of Tata Capital Limited. Ms. Harshbeena's individual holding in the company stands at 1,31,83,708 shares (13.60% of total share capital), while her previously encumbered holding was Nil. The filing notes that the percentage of total shares pledged by promoters remains unchanged after this transaction, suggesting this is likely a refinancing or replacement of an existing pledge with Tata Capital as the new lender.
No material negative impact on shareholders, as the total pledged percentage of promoter shares remains the same — indicating this is a refinancing rather than fresh pledging. Refinancing with Tata Capital Limited is generally seen as a stable, credible lender, which is neutral to mildly positive for sentiment.