Promoter Trilochan Singh Sahney Trust 1 sold 43.70 lakh shares of NRB Bearing Limited for ₹187.19 Cr at ₹428.35 apiece, decreasing its stake from 4.97% to 0.46%. This marks a full exit from the trust's holding, falling below the 5% disclosure threshold.
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.
