News Corporate Actions NCL Industries Promoter G.T. Sandeep Releases Share Pledge Worth 0.12% StakeNCL Industries Promoter G.T. Sandeep Releases Share Pledge Worth 0.12% Stake
NCL Industries Limited disclosed that promoter G.T. Sandeep released 52,500 pledged shares (0.12% stake) from SAI Roshini Capital (P) Ltd on 24-02-2026. This reduces his total pledged holdings to 91,222 shares (0.20% of total share capital) while maintaining his overall holding of 143,722 shares (0.32% stake). The disclosure was made under SEBI regulations, with the original pledge serving as collateral security.
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NCL Industries Limited has announced the release of pledged equity shares by promoter group member G.T. Sandeep, as disclosed to the stock exchanges on 26th February, 2026. The disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeover amendments) Regulations, 2011.
Share Pledge Release Details
The release transaction involved 52,500 equity shares, representing 0.12% of the company's total share capital. These shares were released from the pledge arrangement with SAI Roshini Capital (P) Ltd on 24-02-2026.
| Parameter: | Details |
|---|---|
| Promoter Name: | G.T. Sandeep |
| Shares Released: | 52,500 |
| Percentage Released: | 0.12% |
| Release Date: | 24-02-2026 |
| Entity: | SAI Roshini Capital (P) Ltd |
| Original Purpose: | Collateral security |
Current Shareholding Position
Following the release, G.T. Sandeep's shareholding structure has been updated with reduced pledge commitments.
| Holding Type: | Number of Shares | Percentage of Total Capital |
|---|---|---|
| Total Promoter Holding: | 143,722 | 0.32% |
| Previously Pledged: | 143,722 | 0.32% |
| Post-Release Pledged: | 91,222 | 0.20% |
| Released from Pledge: | 52,500 | 0.12% |
Regulatory Compliance
The disclosure demonstrates the company's adherence to SEBI regulations regarding transparency in promoter shareholding changes. The shares were originally pledged as collateral security, and this partial release indicates an improvement in the promoter's financial position or alternative financing arrangements.
Market Information
NCL Industries Limited shares are listed on both the Bombay Stock Exchange (BSE) under scrip code 502168 and the National Stock Exchange (NSE) under the symbol NCLIND. The company operates under CIN L33130TG1979PLC002521 and maintains ISO 9001:2015 certification.
This pledge release represents a positive development for the company, as it reduces the encumbrance on promoter holdings while maintaining regulatory transparency through proper disclosure procedures.
Historical Stock Returns for NCL Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.17% | -0.69% | -0.85% | -13.64% | -3.60% | +9.01% |
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