Promoter Entity Reduces Stake in NRB Bearings to 98.5%

NRB Bearings and Aditya Consumer Marketing See Significant Trading Activity

On May 11, a major promoter entity offloaded nearly 1.5 percent of its equity stake in NRB Bearings, a leading manufacturer of needle roller bearings, through open market transactions. Despite this selling, the company's stock rallied 2.7 percent to finish at Rs 326.6, marking its highest closing level since September 5, 2024. This surge in the stock price extends the company's gains for the fourth consecutive session, with high volumes driving the market activity.

The selling was led by Trilochan Singh Sahney Trust 1, which disposed of 14.12 lakh equity shares (1.45 percent stake) in NRB Bearings for Rs 46.6 crore at Rs 329.97 per share. Following this sale, the total promoters' shareholding in the company may have fallen below the 50 percent mark, down from 51.2 percent as of March 2026.

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Meanwhile, another company, Aditya Consumer Marketing, saw significant trading activity on Monday. The company's shares rose 2.97 percent to Rs 34 on the BSE. Fivex Capital VCC, through its Fivex Emerging Star Fund, acquired 1.96 lakh shares (1.33 percent stake) in the company at Rs 34.27 per share, valued at Rs 67.16 crore.

In another notable transaction, Nova Global Opportunities Fund PCC - Touchstone sold 96,000 shares (0.6 percent) in Novus Loyalty, a loyalty solutions provider, at Rs 156.68 per share, amounting to Rs 1.5 crore. This sale came after Nova Global Opportunities Fund held a 3.09 percent stake in Novus Loyalty as of March 2026. The stock price crashed 9.56 percent to Rs 153.75, the lowest closing level since April 9, on the BSE.

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Newly listed Value 360 Communications, a marketing and PR solutions provider, was also in focus on Monday. The stock was locked in a 5 percent upper circuit at Rs 82.3 on the NSE Emerge on the listing day today. In a separate transaction, Nova Global Opportunities Fund PCC - Touchstone acquired an additional 1.8 lakh shares (1.1 percent stake) in Value 360 for Rs 1.41 crore, while Neo Apex Share Broking Services LLP bought 4.04 lakh shares (2.5 percent stake) for Rs 3.17 crore. The buying price was Rs 78.4 per share. As per the latest shareholding pattern, Nova Global Opportunities Fund already holds a 3.35 percent stake in Value 360 Communications.