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 Trilochan Singh ....
NRBBEARING · price
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Awaiting price reaction for this filing.
NRB Bearings promoter Trilochan Singh Sahney Trust 1 has released a pledge on 11,09,300 equity shares (1.14% of total share capital) of the company with Tata Capital Limited. The release happened on June 10, 2025, and the disclosure was revised on July 15, 2025 after the initial filing on June 14, 2025. The reason given is partial re-payment of a loan availed by the Trust. After this release, the promoter's encumbered shares stand at 3,27,00,000 shares (33.74% of total share capital), down from 3,38,09,300 shares (34.88%) earlier.
Positive signal for shareholders — the promoter is deleveraging by partially repaying a loan secured against shares, which reduces the risk of forced selling in case of a stock price fall. However, a significant portion (~33.74%) of promoter shares remain pledged, so the pledge overhang is reduced but not eliminated.