The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 12, 2026 for Trilochan Singh Sahney Trust - 1
NRBBEARING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Trilochan Singh Sahney Trust 1 and Promoter Director Harshbeena Sahney Zaveri have disclosed release of pledge on shares of NRB Bearings Ltd. The Trust released 3,005,000 shares (3.10%) while Harshbeena released 1,122,580 shares (1.16%), both unpledged by Tata Capital Limited. The releases are part of the promoters' step-by-step loan repayment process. Despite this release, total promoter encumbrance remains high at 72.70% of the 47.79% promoter shareholding, with Rs. 275 crore debt secured against shares valued at approximately Rs. 1,110.96 crore.
The partial unpledge signals promoters are reducing debt burden, which is a positive indicator for corporate governance. However, with over 72% of promoter holdings still encumbered, significant pledge risk remains on the stock.