The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 11, 2025 for Ms. Harshbeena Sahney Zaveri
NRBBEARING · price
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Promoter Ms. Harshbeena Sahney Zaveri has released a pledge on 1,15,20,617 equity shares (11.89% of total share capital) of NRB Bearings Limited, which were previously pledged with Tata Capital Limited. The release was effected on June 10, 2025, and reported to the exchanges on June 11, 2025 under SEBI SAST Regulation 31(2). After this release, her encumbered shareholding stands at zero, meaning none of her promoter shares are now pledged. Her overall promoter holding remains at 1,31,81,323 shares (13.60% of total share capital), unchanged in terms of ownership. This disclosure pertains only to the encumbrance status of her existing holdings.
This is a positive signal for shareholders — the promoter has cleared all pledged shares, eliminating the risk of forced sale or margin-driven selling pressure. It suggests improved financial comfort for the promoter and removes a key overhang on the stock.