The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mirae Asset Mutual Fund

Fii Holding DeclinedOwnership Changes View source PDF Explain this filing

NRBBEARING · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.6%Reaction day

₹290.55

prior close

₹289.05

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.2%-1.4% vs market

Auto Components & Equipments peers, median of 107sector-1.9%-0.8% vs sector

On the reaction day the stock moved 1.4 pts less than Nifty Microcap 250 and 0.8 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

-0.7

15m

-0.1

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.6-1.2-1.4-1.9-0.8

Next day

-0.5+0.3-0.7-0.4-0.0

+1.8+0.6+1.2-0.6+2.4

-1.7-0.1-1.5-1.8+0.1

-2.8-1.7-1.1-2.9+0.1

-1.9-1.2-0.7-2.5+0.6

-4.7-2.6-2.0-4.0-0.7

15d

+0.2-1.0+1.2-1.5+1.7

-2.9-3.9+1.0-3.3+0.4

-4.5-4.2-0.4+0.3-4.8

-8.4-0.7-7.7+1.2-9.6

UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 107Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mirae Asset Mutual Fund (a foreign-owned mutual fund) sold 1,00,000 equity shares of NRB Bearings Ltd on July 24, 2025 through the open market. This reduced its holding from 34,28,832 shares (3.54%) to 33,28,832 shares (3.43%), a decline of 0.10% in stake. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. Mirae Asset does not belong to the promoter or promoter group of NRB Bearings.

Likely market impact

The stake sale is small (only 0.10%) and unlikely to materially affect the stock price. It indicates a minor portfolio rebalancing by the mutual fund rather than any change in confidence in the company.