The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 15, 2025 for Ms. Harshbeena ....
NRBBEARING · price
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Ms. Harshbeena Sahney Zaveri, a promoter of NRB Bearings Limited, has released the entire pledge on her shares in the company. A total of 1,15,20,617 equity shares (about 11.89% of total share capital) that were earlier pledged with Tata Capital Limited were released on June 10, 2025. After this release, her encumbered (pledged) shareholding stands at zero. The reason given is partial re-payment of a loan taken by the Trilochan Singh Sahney Trust 1. This is a revised disclosure submitted to BSE on July 15, 2025, updating her original June 11, 2025 filing. Her total promoter holding in the company remains at 1,31,81,323 shares (13.60% of share capital), but none of these are pledged anymore.
This is a positive signal for shareholders — the complete release of pledged shares reduces the risk of forced selling and shows the promoter trust has been able to repay its loan. It also improves the free-float quality of the promoter holding, which is generally viewed favourably by the market.