NCL Industries disclosed that promoter G.T. Sandeep released a pledge on 15,000 equity shares. The release occurred on August 28 and August 31, 2026.

The company filed the disclosure under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the Bombay Stock Exchange and National Stock Exchange on September 2, 2026.

Pledge Release Details

Sandeep initially had 44,722 shares pledged as collateral security with Northeast Broking Services Ltd. The release of 15,000 shares reduces the encumbered stake.

Holding Structure

Sandeep holds 44,722 shares in total, representing 0.10% of the company’s total share capital. Following the release, 29,722 shares remain encumbered, accounting for 0.07% of the total share capital.

What the Numbers Show

The pledge release represents a reduction of approximately 33.5% in the promoter's encumbered stake relative to the initial pledged amount of 44,722 shares. The remaining encumbered shares constitute a small fraction of the promoter's total holding.

NCL Industries disclosed that promoter Kalidindi Ravi and promoter group entity NCL Holdings (A&S) Ltd acquired a combined total of 6,724 equity shares through open market transactions on August 31, 2026.

The acquisitions were reported under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filings were submitted to the Bombay Stock Exchange and the National Stock Exchange of India on September 1, 2026.

Acquisition Details

Kalidindi Ravi acquired 1,000 shares. Prior to this transaction, his holding stood at 3,262,923 shares, representing 7.21% of the total voting capital. Post-acquisition, his holding increased to 3,263,923 shares, with the stake percentage remaining unchanged at 7.21%.

NCL Holdings (A&S) Ltd acquired 5,724 shares. Its pre-acquisition holding was 415,272 shares, or 0.92% of the voting capital. Following the purchase, the entity’s holding rose to 420,996 shares, increasing its stake to 0.93%.

Both acquirers belong to the promoter group. The mode of acquisition for both entities was specified as open market purchases. No encumbrances, pledges, or convertible securities were involved in these transactions.

Capital Structure Context

The total equity share capital of NCL Industries remained constant at ₹45,23,27,900, comprising 4,52,32,790 equity shares of ₹10 each. The acquisitions did not alter the company’s total voting capital.