The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Trilochan Singh Sahney Trust 1
NRBBEARING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Trilochan Singh Sahney Trust 1, part of the promoter/promoter group of NRB Bearings Limited, sold 43,70,000 equity shares (4.51% of total share capital) in the open market on June 08, 2026. The trust's voting share holding dropped sharply from 48,11,175 shares (4.97%) to just 4,41,175 shares (0.46%) after the sale. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011, signed by trustee Harshbeena Zaveri on June 09, 2026. This represents a near-complete exit by this particular promoter trust entity, which retained only 70,000 encumbered shares alongside the small balance holding.
A large promoter-group sell-off of this size (4.51% in a single day) is likely to weigh negatively on the stock in the near term, as it signals reduced promoter confidence or a need to monetize holdings. Retail investors should watch for follow-up disclosures from other promoter group entities to gauge the overall trend.