The board of directors of NCL Industries approved the text of an advertisement for the invitation and acceptance of deposits on September 18, 2026.

The company stated that the advertisement contains all requisite particulars and disclosures as prescribed under the applicable provisions of the Companies Act, 2013 and the Companies (Acceptance of Deposits) Rules, 2014.

Board Meeting Details

The board meeting commenced at 12:30 pm and concluded at 1:15 pm on the same day. The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

M. Divya Bharathi, Company Secretary and Compliance Officer, signed the communication addressed to the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited.

NCL Industries promoter group increased its stake through two open market acquisitions in September 2026. NCL Holdings (A&S) Ltd purchased a total of 38,134 shares, raising its holding to 1.08% of the total voting capital.

The transactions were disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The first acquisition occurred on September 11, 2026, followed by a second purchase on September 15, 2026.

Acquisition Details

The promoter group executed the buys in two tranches:

• September 11, 2026: Acquired 14,794 shares (0.03% stake increase).
• September 15, 2026: Acquired 23,340 shares (0.05% stake increase).

What the Numbers Show

The acquisitions reflect a steady accumulation of equity by the promoter group rather than a single large block trade. By splitting the purchase into two separate dates within four days, the acquirer likely managed market impact while incrementally increasing ownership from 1.00% to 1.08%. No encumbrances or pledges were reported on these holdings.