The Exchange has received the Disclosures of reasons for encumbrance by promoter of listed companies under Reg. 31(1) read with Regulation 28(3) of SEBI (SAST) Regulations, 2011 on May ....
NRBBEARING · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NRB Bearings promoter Harshbeena Sahney Zaveri and Trilochan Singh Sahney Trust 1 have released encumbrance on 30,06,028 shares (3.10% of total share capital) on May 12, 2026. The shares were unpledged by Tata Capital Limited, an NBFC. The release is part of the promoter's step-by-step loan repayment process. Post this release, the combined promoter encumbrance stands at 3,36,73,681 shares representing 72.70% of promoter shareholding. The value of encumbered shares is Rs. 1110.96 crore against a total debt of Rs. 275 crore, giving a security cover ratio of 4:1.
Positive signal for shareholders as promoters are reducing debt encumbrances, indicating improving financial health. However, 72.70% of promoter holdings remain pledged, which is above the 50% threshold and still represents elevated pledge levels.