The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 12, 2025 for Trilochan ....
NRBBEARING · price
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Trilochan Singh Sahney Trust – 1, a promoter of NRB Bearings, filed a revised SAST disclosure on December 12, 2025 to fix discrepancies flagged by BSE in an earlier filing. The actual event was a release of pledge on 2,19,14,877 shares (22.61% of share capital) on November 19-20, 2025. At the same time, the Trust's beneficiary, Harshbeena Sahney Zaveri, created a matching pledge on 21,914,877 shares (22.61%) with Tata Capital Limited. The Trust's encumbered holding dropped from 29.61% to 7.00%, while Harshbeena Zaveri's encumbrance rose from 0% to 22.61%. This is described as an inter-se promoter distribution under the Trust Deed, so the overall percentage of promoter-pledged shares remains unchanged at 22.61%.
No change in total promoter pledge exposure – it is simply shifted from the Trust to the individual trustee/beneficiary. Shareholders should not read this as increased pledge risk, new borrowing, or any change in promoter group control.