NRB Bearings: Promoter Zaveri significantly increases stake.
On November 26, 2025, Harshbeena Sahney Zaveri submitted a disclosure regarding the acquisition of 27,024,177 equity shares of NRB Bearings Limited. This acquisition, completed on November 20, 2025, involved a "Nil Consideration" off-market transfer, categorized as a distribution of equity shares from Trilochan Singh Sahney Trust – 1 to Harshbeena Sahney Zaveri as per a Trust Deed. The transaction was compliant with Regulation 10(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Before the acquisition, Harshbeena Sahney Zaveri held 13,183,708 shares, representing 13.60% of the total share capital. After the acquisition, her shareholding increased to 40,207,885 shares, constituting 41.48% of the company's total share capital. Correspondingly, Trilochan Singh Sahney Trust – 1, the seller, saw its stake reduce from 33,809,300 shares (34.88%) to 6,785,123 shares (7.00%).
The disclosure confirmed that both the acquirer and the seller are identified as promoters in the shareholding pattern filed by NRB Bearings Limited. The acquisition price per share was not higher than twenty-five percent of the volume-weighted average market price (VWAP) for the preceding sixty trading days, which was Rs. 284.68. The overall percentage of promoter shareholding remains consistent post-transaction.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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