The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Devesh Singh Sahney
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Mr. Devesh Singh Sahney, a promoter of NRB Industrial Bearings Ltd, has disclosed an acquisition of 3,73,175 equity shares under Regulation 29(2) of SEBI's Takeover Regulations. His holding has increased from 47,49,736 shares (19.60%) to 51,22,911 shares (21.14%), a rise of 1.54 percentage points. The transaction was carried out on June 11, 2025 as an off-market inter-se transfer within the promoter/promoter group, meaning the overall promoter group stake in the company remains unchanged — only internal rebalancing of holdings has taken place. The total equity capital of the company stays at 2,42,30,650 shares of Rs. 2 each.
This is a reshuffling of shares within the promoter group and does not change the total promoter ownership or signal any new money coming in from the promoter. Shareholders should see this as a neutral event with no impact on stock price or promoter group's overall control of the company.