NRB Bearings has submitted a revised disclosure under SEBI Regulation 31(1) and 31(2) regarding share encumbrance by promoter Harshbeena Sahney Zaveri. The revised filing, dated December 12, 2025, addresses discrepancies identified by the stock exchange in the earlier submission and provides corrected details of the inter-promoter arrangement.

Revised Disclosure Details

The company filed the corrected documentation following BSE's email dated December 8, 2025, which highlighted discrepancies in the original disclosure. The revised submission confirms that the encumbrance represents an inter-promoter transfer arrangement designed to maintain overall pledged shareholding percentages.

Updated Promoter Holdings Structure

The revised disclosure shows the complete promoter holding pattern following the inter-promoter arrangement between Harshbeena Sahney Zaveri and Trilochan Singh Sahney Trust-1:

Financial Parameters and Security Coverage

The encumbrance arrangement involves substantial financial commitments with comprehensive security coverage. The total value of encumbered shares held by promoters was approximately ₹828.83 crores as of November 20, 2025, calculated at a weighted average price of ₹288.79.

Transaction Structure and Compliance

The disclosure clarifies that this represents an inter-promoter arrangement where Harshbeena Sahney Zaveri pledged shares corresponding to the release of pledge by Trilochan Singh Sahney Trust-1. The transaction maintains compliance with trust deed requirements while ensuring regulatory transparency.

The company emphasized that no additional pledge was created beyond the inter-promoter transfer, and the percentage of total shares pledged by promoters remains unchanged post-transaction. The revised filing demonstrates the company's commitment to accurate regulatory reporting under SEBI takeover regulations, with comprehensive documentation submitted to both National Stock Exchange of India Limited and BSE Limited.

NRB Bearings Limited Share Pledge Transfer

NRB Bearings has recently reported a significant change in its share pledge status. This update provides insights into the company's current financial situation and potential implications for investors.

Key Details

• Event: Share pledge transfer
• Date: Recent (exact date not specified)

Analysis

The recent share pledge transfer for NRB Bearings is a noteworthy development for investors and market analysts. Share pledging is often used by promoters or major shareholders as a means to raise funds, and changes in pledge status can indicate shifts in the company's financial landscape.

Implications

1. Financial Position: The share pledge transfer may reflect changes in the company's or its promoters' financial needs or strategies.

2. Investor Sentiment: Such events can influence investor perception and potentially impact stock price movements.

3. Ownership Structure: Depending on the nature of the transfer, it could affect the company's ownership structure or control.

Investor Considerations

Investors should:

• Monitor for any official statements from NRB Bearings regarding this transfer
• Analyze the company's recent financial performance and future outlook
• Consider the potential impact on stock liquidity and price stability

Conclusion

While the share pledge transfer is a significant event, it's important to view it in the context of NRB Bearings' overall financial health and market position. Investors are advised to conduct thorough research and consider multiple factors before making investment decisions based on this development.