Sirisha Projects Private Limited has pledged 55,00,000 equity shares in NCC Limited, representing 0.88% of the total share capital, to secure a loan from Bajaj Finance Limited. The encumbrance was created on June 15, 2026, as disclosed to the stock exchanges under Regulation 31(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure confirms that prior to this transaction, Sirisha Projects Private Limited held 2,35,61,538 shares, or 3.77% of the total paid-up share capital, with no existing encumbrances. Following the pledge creation, the entity's total encumbered holdings stand at 55,00,000 shares. The total promoter holding in NCC Limited is reported at 14,39,40,940 shares, accounting for 22.93% of the share capital.

The filing, signed by Director Srinivas Rama Raju Alluri, was submitted to both BSE Limited and the National Stock Exchange of India Ltd. The document details the specific event as a pledge creation for the purpose of borrowing a loan, with Bajaj Finance Limited named as the entity in whose favour the shares are encumbered.

Details of Encumbrance

The notification was copied to the Company Secretary of NCC Limited for record purposes.

NCC Limited received orders worth Rs 1837.01 crore during May 2026. The orders were secured across its Water, Buildings, and Electrical divisions, with the Water Division contributing the majority of the total value.

The company disclosed that these orders were received in the normal course of business and do not include any internal orders. Furthermore, the promoters, promoter group, or group companies do not hold any interest in the entities awarding the projects, confirming that these transactions do not qualify as Related Party Transactions.

Division-wise Order Breakdown

The distribution of the Rs 1837.01 crore order book across the company's divisions is as follows:

The Water Division led the performance with orders valued at Rs 1289.17 crore. The Buildings Division secured orders worth Rs 261.42 crore, while the Electrical Division added Rs 286.42 crore to the total order intake for the month.