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
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Trilochan Singh Sahney Trust – 1 has unpledged 15,51,161 equity shares (1.60% of total share capital) held with Aditya Birla Capital Limited (an NBFC). The unpledge was executed on 22 May 2026 after the promoter made a prepayment of a loan, reducing the encumbrance on their shares. Post this release, the encumbered holding under this trust stands at 15,51,161 shares (1.60%), down from 30,05,000 shares (3.10%) previously. The total promoter group holding in NRB Bearings is 4,77,69,472 shares (49.29% of share capital). However, the overall promoter encumbrance remains high at 67.25% of total promoter holding (3,21,22,520 shares), with Harshbeena Sahney Zaveri being the largest pledged holder at 3,06,68,681 shares (31.64%). The value of all encumbered shares is approximately Rs. 1,187.15 crore, against a total debt of Rs. 263 crore (security cover ratio 4.5:1).
The unpledge reduces risk for other shareholders as promoter debt is being repaid. However, the combined promoter encumbrance at 67.25% of promoter holding remains above the 50% SEBI threshold and continues to be a watch item, as a forced invocation could impact the promoter stake and cause share dilution pressure.