NCL Industries promoter G T Sandeep disposed of 6,000 equity shares through an off-market inter-se transfer on September 7, 2026. The transaction reduced his total holding to 23,722 shares.

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transfer did not involve any encumbrances or convertible securities.

Transaction Details

The promoter group member held 29,722 shares carrying voting rights prior to the transaction, representing 0.06% of the company's total voting capital. Following the sale, his holding stands at 23,722 shares, or 0.05% of the total voting capital.

Capital Structure Context

NCL Industries' total equity share capital remains unchanged at ₹45,23,27,900, comprising 4,52,32,790 equity shares of face value ₹10 each. The inter-se transfer is an internal restructuring within the promoter group and does not alter the company's overall share capital or diluted voting rights structure.

NCL Industries disclosed that promoter G.T. Sandeep released the pledge on 6,000 equity shares on September 4, 2026. The company filed the disclosure with stock exchanges on September 8, 2026.

The release reduces the number of encumbered shares held by Sandeep. The transaction was reported under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pledge Release Details

Sandeep initially held 29,722 shares, which constituted 0.06% of the company’s total share capital. All these shares were previously pledged as collateral security to Northeast Broking Services Ltd.

The release of 6,000 shares lowers the promoter’s encumbered stake. Post-release, Sandeep holds 23,722 pledged shares, representing 0.05% of the total share capital.

The remaining pledged shares continue to be held as collateral with Northeast Broking Services Ltd. The total promoter holding remains unchanged at 29,722 shares.