NRB Bearings promoter Harshbeena Sahney Zaveri released a pledge on 9,00,000 equity shares and sold 44,597 shares in the open market between September 28 and September 30, 2026. This latest action reduces her total encumbered holding to 14,00,000 shares, representing 1.44% of the company's share capital.

The disclosure was filed pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The release follows earlier transactions in September 2026, including open market sales and prior pledge releases, reflecting a continued strategy of deleveraging through loan prepayments.

Latest Pledge Release and Sale Details

Zaveri executed the unpledge of 9,00,000 shares in favour of Tata Capital Limited on September 30, 2026. The reason cited for the encumbrance release is the prepayment of a loan and the subsequent release of related pledged shares. Prior to this event, her encumbered holding stood at 23,00,000 shares (2.37%).

Concurrently, she sold 40,630 equity shares on September 28, 2026, and 3,967 equity shares on September 29, 2026, via open market transactions. These sales reduced her voting rights holding from 3,76,14,805 shares to 3,84,70,208 shares when combined with the unpledged shares moving into the unencumbered category.

Her total promoter holding remains unchanged at 3,98,70,208 shares (41.13%). The composition of her holdings has shifted significantly towards unencumbered equity as part of the broader deleveraging effort.

Previous Transactions and Context

Earlier in September 2026, Zaveri had sold 18,450 equity shares in the open market on September 23, 2026. On September 24, 2026, she released a pledge on 7,00,254 shares. These actions reduced her total holding from 3,99,33,255 shares (41.20%) to 3,99,14,805 shares (41.18%) prior to the latest update.

Prior to these mid-month transactions, she had sold 2,47,630 equity shares between September 18 and September 21, 2026, and released a pledge on 23,00,000 shares held with Tata Capital Limited on September 16, 2026. She had additionally sold 10,000 shares on September 11, 2026.

The cumulative activity in September reflects a strategy of deleveraging through loan prepayments and open market sales. The filing confirms that no other promoters or persons acting in concert have any encumbered holdings as of the reporting date. Other promoters, including Trilochan Santsingh Sahney Trust 1, Aziz Yousuf Zaveri, and Anupa Sahney, report nil encumbrances.

Trilochan Singh Sahney Trust 1 sold 5,00,000 equity shares of NRB Bearings Limited on the open market on September 11, 2026. The disposal reduced the promoter group’s holding to a negligible fraction.

The transaction was disclosed pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Harshbeena Sahney Zaveri, a trustee of the entity, signed the filing submitted to the stock exchanges on September 16, 2026.

Shareholding Changes

Before the sale, Trilochan Singh Sahney Trust 1 held 5,11,175 shares, representing 0.53% of the total voting capital. The trust disposed of 5,00,000 shares, equivalent to 0.52% of the capital.

Following the transaction, the remaining holding stands at 11,175 shares, or 0.01% of the total voting capital. There were no encumbrances, warrants, or convertible securities involved in the disposal.

Capital Structure

The total equity share capital of NRB Bearings Limited remains unchanged at 9,69,22,600 equity shares of ₹2/- each. The total diluted share/voting capital is also reported as 9,69,22,600 shares, indicating no outstanding convertible instruments affecting the denominator for this calculation.