Trust cuts stake in NRB Bearings by 4.51% via market sale

1 min read     Updated on 10 Jun 2026, 11:17 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

Trilochan Singh Sahney Trust 1 sold 43,70,000 equity shares in NRB Bearings Limited on June 08, 2026, reducing its holding from 5.04% to 0.53%. The market sale was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Trilochan Singh Sahney Trust 1 reduced its shareholding in NRB Bearings Limited by 4.51% through a market sale on June 08, 2026. The trust sold 43,70,000 equity shares of Rs. 2/- each, bringing its total stake down to 0.53% of the company's paid-up capital. The transaction was disclosed to the stock exchanges pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the disposal, the trust held a 5.04% stake, comprising 48,11,175 shares carrying voting rights and 70,000 encumbered shares. Following the sale, the trust retains 4,41,175 voting shares and the 70,000 encumbered shares. The total equity share capital of NRB Bearings Limited remains unchanged at 9,69,22,600 equity shares of Rs. 2/- each.

Shareholding Details

The table below outlines the changes in the trust's shareholding pattern following the disposal:

Description Number of Shares % of Total Share Capital % of Diluted Share Capital
Before Disposal
Shares carrying voting rights 48,11,175 4.97% 4.97%
Encumbered shares 70,000 0.07% 0.07%
Total Holding 48,81,175 5.04% 5.04%
Disposal
Shares sold 43,70,000 4.51% 4.51%
After Disposal
Shares carrying voting rights 4,41,175 0.46% 0.46%
Encumbered shares 70,000 0.07% 0.07%
Total Holding 5,11,175 0.53% 0.53%

The disclosure was signed by Harshbeena Sahney Zaveri, Trustee of Trilochan Singh Sahney Trust 1, on June 09, 2026. The shares of NRB Bearings Limited are listed on the National Stock Exchange of India Limited and BSE Limited.

Historical Stock Returns for NRB Bearings

1 Day5 Days1 Month6 Months1 Year5 Years
+1.12%+23.44%+38.71%+60.37%+63.31%+239.57%

What are the potential reasons behind the trust's decision to divest nearly its entire stake?

How might this significant reduction in promoter group holding affect investor confidence in NRB Bearings?

Is there a likelihood of other major shareholders increasing their stakes following this exit?

NRB Bearings Promoter Trust Unpledges 13.83 Lakh Shares, Reduces Stake via Open Market Sales

2 min read     Updated on 29 May 2026, 10:40 AM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Trilochan Singh Sahney Trust 1, a promoter group entity of NRB Bearings Limited, released 13,83,839 pledged equity shares and sold 48,378 shares through open market transactions between May 25–27, 2026, under Regulation 29(2) of SEBI Takeover Regulations. Post-transaction, the trust holds 48,81,175 shares (5.04% of total share capital) with encumbered shares reduced to 70,000 (0.07%). Total promoter shareholding stands at 4,77,21,094 shares (49.24%), with 3,07,38,681 shares encumbered.

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NRB Bearings Limited's promoter group entity, Trilochan Singh Sahney Trust 1, has released 13,83,839 pledged equity shares and sold 48,378 equity shares through open market transactions between May 25 and May 27, 2026. The disclosures were submitted to stock exchanges under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and signed by Harshbeena Zaveri, Trustee of the trust.

Transaction Details

The open market sales were executed across three trading sessions, while the pledge release occurred on May 27, 2026. The trust sold equity shares of ₹2/- each face value across the three days. The details of the disposal and pledge release are as follows:

Transaction: Shares % of Total Share Capital
Sale on May 25, 2026 23,378 0.02%
Sale on May 26, 2026 24,099 0.03%
Sale on May 27, 2026 901 0.00%
Total Shares Sold 48,378 0.05%
Release of Pledged Shares (May 27, 2026) 13,83,839 1.43%

Changes in Shareholding

The table below details the changes in the shareholding and encumbrance status for Trilochan Singh Sahney Trust 1 following these transactions.

Metric: Before Transactions After Transactions
Shares Carrying Voting Rights 34,75,714 (3.59%) 48,11,175 (4.97%)
Encumbered Shares 14,53,839 (1.50%) 70,000 (0.07%)
Total Shareholding 49,29,553 (5.09%) 48,81,175 (5.04%)

Prior to these transactions, the trust held 34,75,714 shares carrying voting rights, representing 3.59% of the total share capital, with 14,53,839 shares encumbered at 1.50%. Following the disposal and pledge release, the trust's total shareholding stands at 48,81,175 shares (5.04%), with encumbered shares reduced significantly to 70,000 shares, representing 0.07% of the total share capital.

Overall Promoter Encumbrance

As of the reporting date, the total promoter shareholding in NRB Bearings Limited stood at 4,77,21,094 shares, accounting for 49.24% of the total share capital. The total encumbered shares held by promoters amounted to 3,07,38,681 shares, which represents 31.71% of the total promoter shareholding. The total equity share capital of NRB Bearings Limited remains unchanged at 96,922,600 equity shares of ₹2/- each.

Harshbeena Sahney Zaveri remains a significant shareholder with 4,02,07,885 shares, representing 41.48% of the total share capital. Her encumbered holdings were reported at 3,06,68,681 shares. Other promoter group entities, including Aziz Yousuf Zaveri and Anupa Sahney, reported nil encumbrances on their respective holdings.

Historical Stock Returns for NRB Bearings

1 Day5 Days1 Month6 Months1 Year5 Years
+1.12%+23.44%+38.71%+60.37%+63.31%+239.57%

What is the strategic rationale behind the significant reduction in pledged shares by the promoter trust?

Will the proceeds from the recent open market sales be reinvested into the company or utilized for other purposes?

How might this deleveraging of promoter holdings influence investor confidence and stock liquidity?

More News on NRB Bearings

1 Year Returns:+63.31%