NCL Industries Limited has reported the loss of share certificates belonging to The Industrial Finance Corp. of India Ltd. The company's Registrar and Transfer Agent (RTA), Venture Capital and Corporate Investments Private Limited, received requests to process and issue duplicate certificates for the lost shares. This disclosure was made pursuant to Regulation 39(3) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015.

The RTA communicated the details of the lost certificates to NCL Industries on May 26, 2026. The company subsequently submitted the information to the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited on May 27, 2026. M. Divya Bharathi, the Company Secretary & Compliance Officer, authorized the filing.

The requests for duplicate share certificates pertain to Folio No. I00010. The total number of shares involved across the lost certificates is 600. The certificates cover a range of distinctive numbers and certificate numbers.

The table below details the specific share certificates reported as lost:

Venture Capital and Corporate Investments Private Limited confirmed that the requests were received from the listed shareholders. The company will proceed with the issuance of duplicate share certificates in accordance with the prescribed regulations.

NCL Industries Limited's board of directors has formally reviewed and commented on a fine imposed by the National Stock Exchange (NSE) for delayed regulatory filing. The company disclosed the board's response through a regulatory filing dated April 13, 2026.

Fine Details and Timeline

The NSE had levied a fine of Rs. 54,280 (inclusive of GST) on NCL Industries for the delayed filing of shareholding pattern for the quarter ended December 31, 2025. The original NSE notice was issued on February 13, 2026, and the company had initially intimated about the fine on February 16, 2026.

Board Response and Comments

In compliance with SEBI Master Circulars, the non-compliance notice was placed before the board of directors at their meeting held on April 13, 2026. The board conducted a comprehensive review of all related documents, including the notice, waiver application, and rejection letter from the exchange.

Following their review, the board provided specific guidance to the management:

• Emphasized the need for strict adherence to all SEBI (LODR) Regulations applicable to the company
• Advised management to remain fully updated on all amendments and regulatory changes issued by SEBI
• Stressed the importance of staying current with updates to the Companies Act 2013

Regulatory Compliance Framework

The board's response reflects the company's commitment to strengthening its regulatory compliance framework. The directors' emphasis on staying updated with regulatory changes indicates a proactive approach to preventing future compliance lapses.

The filing was signed by M. Divya Bharathi, Company Secretary and Compliance Officer, demonstrating the company's formal acknowledgment of the regulatory requirements and the board's oversight role in compliance matters.