NCL Industries Limited published its newspaper advertisement for the acceptance of unsecured deposits from the public and shareholders on September 19, 2026. The company aims to raise funds primarily to finance its working capital requirements.

The publication appeared in Business Standard (English edition) and Nava Telangana (Telugu edition). This follows the board of directors' approval of the advertisement text during a meeting held on September 18, 2026.

Deposit Scheme Details

The company is inviting deposits under two schemes: yearly interest payout and maturity payout. The scheme is valid from September 18, 2026, until September 30, 2027, or until the next annual general meeting, whichever is earlier.

The deposits are unsecured and rank pari-passu with other unsecured liabilities. The company has obtained a CRISIL A/Stable credit rating as of June 29, 2026.

Financial Position and Existing Deposits

As of March 31, 2026, NCL Industries reported a profit before tax of ₹10,431 lakh and a profit after tax of ₹9,529 lakh for the fiscal year ending then. This compares to a PAT of ₹2,538 lakh in FY25 and ₹9,420 lakh in FY24.

The company currently has outstanding deposits amounting to ₹6,300 lakh accepted from 544 depositors. These existing deposits carry interest rates ranging from 8.00% to 10.00%. There have been no defaults in repayment or interest payment on these outstanding deposits.

Board Meeting and Compliance

The board meeting that approved the deposit advertisement commenced at 12:30 pm and concluded at 1:15 pm on September 18, 2026. M. Divya Bharathi, Company Secretary and Compliance Officer, signed the communication addressed to the Bombay Stock Exchange and the National Stock Exchange of India Limited.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisement contains all requisite particulars as prescribed under the Companies Act, 2013, and the Companies (Acceptance of Deposits) Rules, 2014.

NCL Industries shareholders approved all five resolutions at its 45th Annual General Meeting held on September 18, 2026. The meeting was conducted via video conferencing and other audio-visual means, with voting facilitated through remote e-voting and instapoll.

The company disclosed the voting results pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s Ravi & Subramanyam, Company Secretaries, acted as the scrutinizer for the voting process.

Voting Results Overview

Shareholders cast votes on 18,568,595 total ballots across all resolutions. The cut-off date for identifying eligible members was September 11, 2026. Remote e-voting was available from September 15 to September 17, 2026.

Key Resolutions Passed

Financial Statements and Dividend

Shareholders adopted the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. The resolution received 99.71% support. Additionally, shareholders approved the interim dividend paid and declared final dividend with 100% support.

Board Appointments

The meeting saw the reappointment of two directors retiring by rotation:

• Mr. NGVSG Prasad (DIN: 07515455) was reappointed with 99.39% support.
• Mrs. Pooja Kalidindi (DIN: 03496114) was reappointed with 99.18% support.

Cost Auditor Remuneration

The ratification of remuneration for cost auditors passed with 100% support.

What the Numbers Show

The voting data reveals near-unanimous shareholder alignment on routine corporate governance matters. The highest opposition occurred during director reappointments, yet even these items secured over 99% support. The divergence between the 0.61% opposition for Mr. Prasad and 0.82% for Mrs. Kalidindi is negligible in aggregate terms, reflecting stable board-shareholder relations.