NRB Bearings Limited has reported a reduction in its promoter pledge percentage to 37.84% of the total share capital as on April 7, 2026. This marks a decrease from 39.80% recorded as on March 31, 2026, according to a declaration submitted under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The reduction in pledged shares follows the completion of pledge and unpledge transactions on April 7, 2026, which were delayed due to multiple trading holidays between March 31 and April 5, 2026.

The filing confirms that the total pledged shares of the promoters stood at 3,85,76,384 shares as on March 31, 2026. By April 7, 2026, this figure had reduced to 3,66,79,709 shares. The disclosure was made on behalf of the promoters and persons acting in concert, including Harshbeena Sahney Zaveri and the Trilochan Singh Sahney Trust - 1.

The company continues to focus on financial deleveraging and operational growth. NRB Bearings reported strong financial results for FY26, with revenue growing by 11% and a robust EBITDA margin of 19.5%. The strategic reduction in promoter pledge aligns with the company's broader goals of strengthening its balance sheet and attracting institutional investor confidence.

Trilochan Singh Sahney Trust 1 has released 70,000 equity shares of NRB Bearings Limited that were previously pledged with Aditya Birla Capital Limited. The unpledge, effective June 08, 2026, follows a prepayment of the loan by the promoter. Consequently, the trust's holding of encumbered shares now stands at zero.

The disclosure was made to the stock exchanges on June 10, 2026, in compliance with Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The document details the release of the pledge and confirms that the entity in whose favor the shares were encumbered is an NBFC.

Prior to this transaction, the trust held 70,000 shares, representing 0.07% of the total share capital, under encumbrance. The total promoter shareholding in NRB Bearings Limited is 4,33,51,094 shares, accounting for 44.73% of the total share capital. Following the release, the overall percentage of encumbered shares relative to the total promoter holding remains significant, though this specific trust's encumbrance has been cleared.

The filing provides a breakdown of the promoter group's holdings. Harshbeena Sahney Zaveri holds 4,02,07,885 shares (41.48%), with 3,06,68,681 shares (31.64%) remaining encumbered. Other promoters, including Aziz Yousuf Zaveri, Anupa Sahney, and Jasjiv Singh Devinder Singh Sahney, hold shares but have nil encumbrances.

Promoter Shareholding Details

The document also notes that the total value of the encumbered shares held by promoters Harshbeena Sahney Zaveri and Trilochan Singh Sahney Trust 1 was approximately ₹1224.90 crore as of June 08, 2026, based on a weighted average price of ₹399.40. The total amount involved against which the shares were encumbered was ₹99 crore.