NCL Industries promoter reduces stake via inter-se transfer

0 min read Updated on 12 Jun 2026, 03:11 PM

Reviewed by

Naman SScanX News Team

AI Summary

NCL Industries Limited disclosed that promoter Subba Raju Bhupathiraju sold 40,983 voting rights via inter-se transfer on June 9, 2026. The transaction reduced his holding to 2,59,605 equity shares, or 0.57% of the total paid-up share capital. The equity share capital remains unchanged at Rs.45,23,27,900.

*this image is generated using AI for illustrative purposes only.

NCL Industries Limited disclosed that promoter Subba Raju Bhupathiraju reduced his stake through an inter-se transfer on June 9, 2026. The transaction involved the sale of 40,983 voting rights, lowering the promoter's total holding to 2,59,605 equity shares, representing 0.57% of the total paid-up share capital. The filing was submitted to the exchanges on June 11, 2026.

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the sale, Subba Raju Bhupathiraju held 3,00,588 shares, amounting to 0.66% of the total paid-up equity share capital. The equity share capital remains unchanged at Rs.45,23,27,900, comprising 4,52,32,790 equity shares of Rs.10 each.

Details of Share Sale

Particulars	Details
Name of Promoter	Subba Raju Bhupathiraju
Shares Before Sale	3,00,588 (0.66%)
Shares Sold	40,983 (0.09%)
Holding After Sale	2,59,605 (0.57%)
Date of Sale	June 9, 2026
Mode of Sale	Inter-se transfer

Historical Stock Returns for NCL Industries

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.78%	+3.06%	+6.64%	-6.67%	-17.02%	-12.10%

Who is the recipient of the inter-se transfer, and does this signal a shift in the promoter group's succession plan?

Will this reduction in promoter holding lead to further stake dilution in the near future?

How might the market interpret this promoter exit in terms of confidence in the company's current valuation?

Read Next Article

NCL Industries promoter Kalidindi Ravi increases stake via open market

1 min read Updated on 12 Jun 2026, 03:10 PM

Reviewed by

Ashish TScanX News Team

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Kalidindi Ravi, a member of the promoter group, acquired 4,873 shares in NCL Industries through an open market transaction on June 10, 2026. This purchase increased his total shareholding to 31,56,703 equity shares, representing 6.98% of the paid-up share capital. The company's equity share capital remains ₹45,23,27,900, comprising 4,52,32,790 equity shares of ₹10 each.

*this image is generated using AI for illustrative purposes only.

Kalidindi Ravi, a member of the promoter group, increased his shareholding in NCL Industries through an open market acquisition on June 10, 2026. The transaction raised his total stake to 6.98% of the company's paid-up share capital. The disclosure was submitted to the stock exchanges in compliance with Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and 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 11, 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	31,51,830	6.97%
Acquisition Details
Shares acquired (Open market)	4,873	0.01%
Holding After Acquisition
Shares carrying voting rights	31,56,703	6.98%