Arohi Emerging India bought 1,613,819 shares of NRB Bearing Limited for ₹62.94 Cr at ₹390.00 apiece in a block deal. This purchase was part of a larger transaction where promoter Trilochan Singh Sahney Trust 1 sold a 4.5% stake in the company.
A pioneer in needle roller bearing manufacturing in India since 1965, NRB Bearings is a leading supplier of critical drivetrain and chassis components to the automotive industry. The company manufactures precision-engineered bearings for commercial vehicles, passenger cars, tractors, and industrial equipment applications. Its products are integrated into the majority of vehicles operating on Indian roads across multiple segments.
India equity vehicle of Arohi Asset Management, a Singapore-based Asia hedge fund.
