ALPHA TRIBE

NRB Industrial Bearings LimitedOthers, 09-06-2025: Disclosure under SEBI Takeover Regulations

09-06-2025 | 03:54 pm

Devesh Singh Sahney has increased his stake in NRB Industrial Bearings Limited by acquiring 12.43 lakh equity shares from a promoter group member via an off-market gift transfer. His shareholding rose from 14.47% to 19.60%, strengthening promoter consolidation without any cash involved. This share increase enhances his influence and control over the company’s management and strategic direction, signaling stronger promoter alignment.

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