Promoter's Pledged Shares Reduced by 7,00,254 Shares After Loan Prepayment
Promoter Harshbeena Sahney Zaveri reported a release of encumbrance in NRB Bearings.
- Promoter Shareholding
- 3,99,14,805 shares (41.18%)
- Pledged Shares Before
- 30,00,254 shares (3.10%)
- Pledged Shares After
- 23,00,000 shares (2.37%)
- Net Reduction in Pledge
- 7,00,254 shares (0.73%)
- Reason
- Prepayment of loan
What was shared
Promoter Harshbeena Sahney Zaveri shared a disclosure under Regulation 31(1) and 31(2) of the SEBI (SAST) Regulations, 2011 relating to release of pledged equity shares of NRB Bearings Limited. Date of the event: 24-09-2026; date of reporting: 25-09-2026.
The numbers
- Promoter holding in the company: 3,99,14,805 shares, or 41.18% of total share capital.
- Encumbered before the event: 30,00,254 shares, or 3.10%.
- Type of event: release; type of encumbrance described as unpledge.
- Shares released: 30,00,254 shares from one demat account, by Tata Capital Limited.
- Shares pledged in another demat account in favour of Tata Capital Limited: 23,00,000 shares.
- Net reduction in overall pledged quantity: 7,00,254 shares, being 0.73% of total share capital.
- Post-event encumbered holding: 23,00,000 shares, or 2.37%.
Why it happened
The update states the overall pledged quantity was reduced pursuant to the prepayment of the loan.
Other promoters
The disclosure lists other promoters and promoter group entities with their holdings, including Aziz Yousuf Zaveri at 1,499,731 shares (1.55%), Anupa Sahney at 773,021 shares (0.80%), Jasjiv Singh Devinder Singh Sahney at 303,495 shares (0.31%), Bhupinder Singh Sahney at 35,230 shares (0.04%), Sahir Zaveri at 19,752 shares (0.02%), Karina Zaveri Whelan at 17,000 shares (0.02%) and Trilochan Santsingh Sahney Trust 1 at 11,175 shares (0.01%). Each shows nil encumbered shares.
How to read it
Pledged promoter shares are shares offered as security to a lender. A lower pledged quantity generally signals reduced borrowing against the shareholding. Here the proportion of the company's total share capital under encumbrance by this promoter moves from 3.10% to 2.37%. The promoter's overall shareholding of 41.18% is unchanged by this event.
Also from NRB Bearings
NRB Bearings Ltd promoter sells 0.04% stake, holding falls to 39.69%
1 Oct 2026
Promoter releases 9,00,000 pledged shares after loan pre-payment; encumbrance down to 1.44%
30 Sep 2026
More numbers
- Promoter holding (shares)3,99,14,805
- Promoter holding (%)41.18%
- Already encumbered shares30,00,254
- Already encumbered (%)3.10%
- Shares pledged in other demat account23,00,000 shares
- Net reduction in pledged quantity7,00,254 shares
- Net reduction (%)0.73%
- Post-event encumbered shares23,00,000
- Post-event encumbered (%)2.37%
- Aziz Yousuf Zaveri holding1,499,731
- Anupa Sahney holding773,021
- Jasjiv Singh Devinder Singh Sahney holding303,495
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