NCL Industries promoter group increases stake via open market

1 min read     Updated on 02 Jul 2026, 09:43 AM
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Suketu GScanX News Team
AI Summary

Promoters of NCL Industries Limited, including Kalidindi Ravi, Kakatiya Industries Private Ltd, and Vikram Chemicals Private Ltd, acquired shares through the open market on June 29 and June 30, 2026. Kalidindi Ravi increased his holding to 7.01%, while Kakatiya Industries and Vikram Chemicals raised their stakes to 1.39% and 0.03% respectively. The equity share capital of the company remains Rs.45,23,27,900 divided into 4,52,32,790 shares of ₹10 each.

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Members of the promoter group of NCL Industries Limited acquired additional shares through the open market on June 29 and June 30, 2026, increasing their cumulative stake in the company. The acquisitions were executed by Kalidindi Ravi, Kakatiya Industries Private Ltd, and Vikram Chemicals Private Ltd. The company submitted the disclosures to the BSE and NSE in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Kalidindi Ravi acquired 6,189 shares, raising his total holding to 3,170,892 shares, which represents 7.01% of the total share capital. Prior to this transaction, his holding stood at 3,164,703 shares, or 7.00% of the capital. The equity share capital of NCL Industries Limited comprises 4,52,32,790 equity shares of ₹10 each, totaling Rs.45,23,27,900.

Kakatiya Industries Private Ltd purchased 4,270 shares, increasing its stake to 626,503 shares, or 1.39% of the total voting capital. Before the acquisition, the entity held 622,233 shares, accounting for 1.38% of the shareholding. The company is part of the promoter group of NCL Industries Limited.

Vikram Chemicals Private Ltd acquired 8,911 shares, bringing its post-acquisition holding to 13,611 shares, equivalent to 0.03% of the total share capital. The company previously held 4,700 shares. All transactions were executed via the open market route on June 29 and June 30, 2026.

Shareholding Details

The following table outlines the acquisition details for the promoter group members:

Acquirer Shares Acquired Pre-Acquisition Holding Post-Acquisition Holding % Change
Kalidindi Ravi 6,189 3,164,703 (7.00%) 3,170,892 (7.01%) 0.01%
Kakatiya Industries Private Ltd 4,270 622,233 (1.38%) 626,503 (1.39%) 0.01%
Vikram Chemicals Private Ltd 8,911 4,700 (0.01%) 13,611 (0.03%) 0.02%

Historical Stock Returns for NCL Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.24%-0.87%+3.27%-5.65%-18.17%-10.56%

Does this increase in promoter shareholding signal confidence in NCL Industries' upcoming quarterly results?

Should investors anticipate further open market purchases by the promoter group in the near future?

How might this consolidation of stake influence the company's strategic decisions or capital allocation policies?

NCL Industries promoter Kalidindi Ravi raises stake to 6.99%

1 min read     Updated on 12 Jun 2026, 05:54 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Kalidindi Ravi increased his stake in NCL Industries to 6.99% by acquiring 7,000 shares on June 11, 2026. Vikram Chemicals Private Ltd also purchased 1,000 shares. The equity capital remains ₹45,23,27,900.

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Kalidindi Ravi, a member of the promoter group, increased his shareholding in NCL Industries through an open market acquisition on June 11, 2026. The transaction raised his total stake to 6.99% of the company's paid-up share capital. Additionally, Vikram Chemicals Private Ltd, another promoter group entity, acquired 1,000 shares on the same date. The disclosures were submitted to the stock exchanges in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The equity share capital of NCL Industries remained unchanged at ₹45,23,27,900, comprising 4,52,32,790 equity shares of ₹10 each. The shares are listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). M. Divya Bharathi, Company Secretary & Compliance Officer, confirmed the filings on June 12, 2026.

Changes in shareholding for Kalidindi Ravi

The following table details the changes in shareholding for Kalidindi Ravi:

Particulars Number of Shares % of Share Capital
Holding Before Acquisition
Shares carrying voting rights 31,56,703 6.98%
Acquisition Details
Shares acquired (Open market) 7,000 0.01%
Holding After Acquisition
Shares carrying voting rights 31,63,703 6.99%

Following the transaction, Kalidindi Ravi holds a total of 31,63,703 equity shares carrying voting rights.

Changes in shareholding for Vikram Chemicals Private Ltd

The following table details the changes in shareholding for Vikram Chemicals Private Ltd:

Particulars Number of Shares % of Share Capital
Holding Before Acquisition
Shares carrying voting rights 0 0.00%
Acquisition Details
Shares acquired (Open market) 1,000 0.00%
Holding After Acquisition
Shares carrying voting rights 1,000 0.00%

Historical Stock Returns for NCL Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.24%-0.87%+3.27%-5.65%-18.17%-10.56%

Does this increase in promoter shareholding signal a potential consolidation of control or a strategic shift in NCL Industries' management?

How might the market interpret this acquisition in terms of future growth prospects or financial performance of NCL Industries?

Could this move be a precursor to further open market purchases by the promoter group in the near future?

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