NRB Bearings promoter Harshbeena Sahney Zaveri released the pledge on 23,00,000 equity shares on September 16, 2026. She also sold 10,000 shares on September 11, 2026.

The disclosure was filed pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares were encumbered in favor of Tata Capital Limited.

Pledge Release and Sale Details

Zaveri holds a total of 4,01,80,885 shares in the company, representing 41.46% of the total share capital. Prior to these events, 53,00,254 shares (5.47%) were already encumbered.

Following the release, the number of encumbered shares under Zaveri’s name stands at 30,00,254, or 3.10% of the total share capital. The filing confirms that no other promoters have any encumbered holdings as of the reporting date.

Promoter Harshbeena Sahney Zaveri has released 12,00,000 equity shares of NRB Bearings from pledge, reducing the proportion of encumbered holdings in the company. The release was executed on August 11, 2026, and disclosed to stock exchanges on August 12, 2026.

The transaction lowers the promoter's pledged stake significantly while leaving total voting rights unaffected. The filing explicitly attributes the release to the pre-payment of a loan and the consequent release of related pledged shares previously held by Tata Capital Limited. This reduction in encumbrance signals improved liquidity or debt restructuring for the promoter group.

Shareholding Details

The disclosure filed under Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, outlines the changes in shareholding structure before and after the release.

Harshbeena Sahney Zaveri holds a total of 4,01,90,885 shares, representing 41.47% of the total diluted share and voting capital of NRB Bearings Limited. The company's total equity share capital stands at 9,69,22,600 equity shares of ₹2/- each.

What the Numbers Show

The release of 12,00,000 shares represents a 18.46% reduction in the absolute number of pledged shares held by the promoter. While the total stake remains constant, the decrease in encumbered shares from 6.71% to 5.47% indicates a material improvement in the promoter's collateral position. No new shares were acquired or sold during this period; the change is purely structural regarding the pledge status.