The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 22, 2026 for Trilochan Singh Sahney Trust - 1
NRBBEARING · price
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Trilochan Singh Sahney Trust 1 has released/unpledged 15,51,161 equity shares (1.60% of total share capital) held with Aditya Birla Capital Limited (an NBFC). The unpledge was done on May 22, 2026, following prepayment of a loan by the promoter. Prior to this release, 30,05,000 shares (3.10%) were encumbered; post-release the encumbered position stands at 15,51,161 shares (1.60%). The total value of shares released is approximately Rs. 1187.15 Crore at a weighted average price of Rs. 369.57, against a total encumbrance amount of Rs. 263 Crore with a security cover ratio of 4.5:1. Total promoter shareholding in NRB Bearings stands at 4,77,69,472 shares (49.29%), of which 67.25% remains encumbered.
The unpledge reduces the promoter's debt-backed share encumbrance, which is a positive signal for minority shareholders as it lowers the risk of forced selling or pledge invocation. However, with 67.25% of promoter holding still encumbered, there remains some level of financial risk.