NCL Industries Limited disclosed that two entities within its promoter group increased their shareholding through an inter-se transfer on June 30, 2026. The acquisitions were executed by Blue Valley Developers (P) Ltd and NCL Holdings (A&S) Ltd, as per the intimation submitted to the stock exchanges.

The disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transactions involved the transfer of shares carrying voting rights, altering the percentage holding of the acquirers relative to the company's total equity share capital.

Blue Valley Developers (P) Ltd acquired 7,000 shares, increasing its total holding to 226,485 shares, which represents 0.50% of the total paid-up equity share capital. Prior to the acquisition, the entity held 219,485 shares, accounting for 0.49% of the capital.

NCL Holdings (A&S) Ltd acquired 10,000 shares, raising its stake to 310,000 shares, or 0.68% of the total equity share capital. Before this transaction, the company held 300,000 shares, equivalent to 0.66% of the capital.

The equity share capital of NCL Industries remains unchanged at Rs.45,23,27,900, comprising 4,52,32,790 equity shares of Rs.10 each. The shares of the company are listed on both the BSE and NSE.

Acquisition Details

Promoter G.T. Sandeep of NCL Industries Limited released 17,000 equity shares that were previously pledged, reducing the total encumbered holding. The release occurred on June 30, 2026, and the disclosure was submitted to the stock exchanges on July 2, 2026. The transaction was reported in compliance with Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the release, G.T. Sandeep held 61,722 shares, representing 0.14% of the total share capital, all of which were encumbered. Following the release of 17,000 shares, the total encumbered holding stands at 44,722 shares, or 0.10% of the share capital. The shares were originally pledged with Northeast Broking Services Ltd as collateral security.

Shareholding Details

The following table outlines the changes in the encumbrance details for G.T. Sandeep:

The company confirmed that the shares were released from the pledge in favor of Northeast Broking Services Ltd. The total promoter holding in the target company remains 61,722 shares.