NRB Bearings Limited has significantly reduced its promoter pledge percentage following the release of 1.96 Cr shares by Managing Director Harshbeena Zaveri. The pledged shares have decreased from 31.64% to 11.42% of the total share capital, a move driven by the reduction of promoter-level debt through a block deal. This strategic deleveraging has attracted new institutional investors, including Arohi Capital, PGIM, Alchemy, and Arcadian.

The transactions involved the unpledging of 69,00,000 shares on June 11, 2026, and 1,27,00,000 shares on June 12, 2026. The release of encumbrance follows the pre-payment of loans and the subsequent release of related pledges held with Tata Capital Limited and Aditya Birla Capital Limited. Prior to these releases, the promoter held 4,02,07,885 shares, representing 41.48% of the total share capital.

The table below details the specific changes in the promoter's encumbered holdings following the release events:

Following the release, the total promoter shareholding stands at 4,02,07,885 equity shares, constituting 41.48% of the total share capital. The value of the encumbered shares held by the promoter as on June 12, 2026, was approximately ₹477.72 Crore, based on a weighted average price of ₹431.60. The total amount involved against which the shares were previously encumbered was ₹65 Crore.

NRB reported strong financial results for FY26, with revenue growing by 11% and a robust EBITDA margin of 19.5%. The company is aggressively expanding capacity to support three main business pillars: an EV-agnostic auto business, industrial scaling targeting 25% of revenue by 2031, and global expansion backed by a "Make in USA" strategy. NRB's world-class R&D facilities and young leadership team remain key differentiators in attracting global customer partnerships.

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.