NRB Industrial Bearings Limited — Others, 07-02-2025: Disclosure under SEBI Takeover Regulations

Devesh Singh Sahney, a promoter of NRB Industrial Bearings Limited, is set to acquire 23,40,906 equity shares (9.66%) from Mrs. Harshbeena Zaveri through an off-market transaction characterized as a gift. This inter-se transfer among promoters maintains the overall shareholding of the promoter group. The transaction reflects ongoing consolidation within the promoter group and could strengthen alignment of interests among major shareholders. Investors may view this transfer positively, indicating confidence in the company's governance and potential for strategic cohesion moving forward.