NCL Industries Promoter G.T. Sandeep Releases Share Pledge of 9,500 Equity Shares
NCL Industries Limited disclosed that promoter G.T. Sandeep released 9,500 pledged equity shares (0.02% of total share capital) on March 12, 2026. The shares were pledged as collateral security with SAI Roshini Capital (P) Ltd. Following this release, the promoter's total encumbered shareholding reduced to 81,722 shares (0.18% of total share capital), while maintaining overall holdings of 91,222 shares (0.20%). The disclosure was made under SEBI SAST Regulations 31(1) and 31(2) to BSE and NSE.

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NCL Industries Limited has announced the release of pledged equity shares by promoter group member G.T. Sandeep, as disclosed under SEBI (Substantial Acquisition of Shares and Takeover amendments) Regulations, 2011. The disclosure was filed with both BSE and NSE on March 13, 2026, regarding the transaction executed on March 12, 2026.
Share Pledge Release Details
Promoter G.T. Sandeep released 9,500 pledged equity shares, representing 0.02% of the company's total share capital. The shares were originally pledged as collateral security with SAI Roshini Capital (P) Ltd. This release forms part of the promoter's strategy to reduce share encumbrance.
| Parameter: | Details |
|---|---|
| Promoter Name: | G.T. Sandeep |
| Shares Released: | 9,500 |
| Percentage Released: | 0.02% |
| Release Date: | March 12, 2026 |
| Encumbrance Type: | Pledge |
| Entity: | SAI Roshini Capital (P) Ltd |
Current Shareholding Position
Following the pledge release, G.T. Sandeep's shareholding structure has been updated. The promoter continues to hold 91,222 shares, representing 0.20% of the total share capital. However, the encumbered portion of his holdings has been reduced significantly.
| Shareholding Details: | Before Release | After Release |
|---|---|---|
| Total Holdings: | 91,222 shares (0.20%) | 91,222 shares (0.20%) |
| Encumbered Shares: | 91,222 shares (0.20%) | 81,722 shares (0.18%) |
| Released Shares: | - | 9,500 shares (0.02%) |
Regulatory Compliance
The disclosure has been made in accordance with Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeover amendments) Regulations, 2011. The company has fulfilled its obligation to inform both stock exchanges where its shares are listed - BSE (scrip code: 502168) and NSE (scrip code: NCLIND).
The release of pledged shares indicates a positive development in the promoter's financial position and reduces the overall encumbrance on the company's shares. This transaction demonstrates the promoter's commitment to maintaining a healthy shareholding structure while meeting regulatory disclosure requirements.
Historical Stock Returns for NCL Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.38% | -3.78% | -7.23% | -16.87% | -3.97% | +3.86% |

































