Trilochan Singh Sahney Trust 1 has filed a regulatory disclosure regarding pledge and release of equity shares in NRB Bearings Limited, as mandated under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was signed by trustee Harshbeena Zaveri on April 8, 2026.
Transaction Details
The trust executed both pledge and release transactions involving NRB Bearings shares between March 27, 2026 and April 7, 2026 through off-market operations.
Transaction Type: Number of Shares Percentage of Total Equity Shares Pledged: 30,05,000 3.10% Shares Released: (18,96,675) (1.96%) Net Change: 11,08,325 1.14%
Holdings Position
The trust's encumbered shareholding position shows a significant change following these transactions.
Position: Before Transaction After Transaction Encumbered Shares: 37,80,123 (3.90%) 48,88,448 (5.04%) Voting Rights: - - Convertible Securities: - -
Company Information
NRB Bearings Limited maintains its equity share capital at 969.23 lakh shares of Rs. 2/- each, with no change in the total share capital following these pledge transactions. The company's shares are listed on both the National Stock Exchange of India Limited and BSE Limited.
Regulatory Compliance
Trilochan Singh Sahney Trust 1 is classified as belonging to the promoter group of NRB Bearings Limited. The disclosure identifies Mrs. Harshbeena Sahney Zaveri as a Person Acting in Concert (PAC) with the acquirer. The trust has fulfilled its regulatory obligation by filing the required disclosure within the stipulated timeframe under SEBI takeover regulations.
The transaction represents a strategic adjustment in the trust's encumbered position, with the net effect being an increase of 11.08 lakh shares in pledged holdings, bringing the total encumbered stake to 5.04% of the company's equity capital.
NRB Bearings Limited has filed its quarterly compliance certificate under SEBI regulations, confirming adherence to prescribed dematerialisation procedures for the quarter ended March 31, 2026. The Mumbai-based bearings manufacturer submitted the mandatory certificate to both BSE and NSE on April 3, 2026.
Regulatory Compliance Details
The compliance certificate was issued under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates companies to confirm proper handling of securities received for dematerialisation during each quarter.
Parameter: Details Regulation: SEBI Regulation 74(5) Quarter Ended: March 31, 2026 Filing Date: April 3, 2026 RTA: MUFG Intime India Private Limited BSE Scrip Code: 530367 NSE Symbol: NRBBEARING
Registrar and Transfer Agent Confirmation
MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as NRB Bearings' Registrar and Share Transfer Agent. The SEBI-registered Category I RTA bearing Registration Number INR000004058 issued the compliance certificate on April 1, 2026.
The RTA confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed within prescribed timelines. All security certificates received for dematerialisation were confirmed or rejected appropriately, with certificates being mutilated and cancelled after due verification by the depository participant.
Company Secretary Certification
Khyati Danani, Company Secretary and Compliance Officer (Membership no. A21844), signed the compliance filing on behalf of NRB Bearings Limited. The digital signature was applied on April 3, 2026, at 12:06:16 +05'30', ensuring proper authentication of the regulatory submission.
Official Documentation Process
The compliance submission included official letters to both stock exchanges, with NRB Bearings' corporate address at Dhannur, 15, Sir P.M. Road, Fort, Mumbai-400001. The company's CIN L29130MH1965PLC013251 was referenced in the official correspondence.
Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited, signed the confirmation certificate on behalf of the RTA. The certificate confirmed that all securities received for dematerialisation were processed according to regulatory requirements and that the name of the depositories was substituted in the register of members within prescribed timelines.
This quarterly compliance filing demonstrates NRB Bearings' commitment to maintaining transparency and adhering to regulatory requirements governing securities transactions and dematerialisation processes.
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