NCL Industries Promoter Group Entity Reduces Stake by 1.20% Through Inter-se Transfer

NCL Industries Limited has disclosed a significant stake reduction by its promoter group entity through an inter-se transfer transaction. NCL Holdings (A&S) Ltd, classified as part of the promoter group, completed the sale of equity shares on December 31, 2025, as reported in the regulatory filing dated January 3, 2026.

Transaction Details

The share sale transaction involved substantial changes in the promoter group's shareholding pattern. The following table summarizes the key transaction parameters:

Parameter:	Details
Selling Entity:	NCL Holdings (A&S) Ltd
Transaction Mode:	Inter-se transfer
Transaction Date:	December 31, 2025
Shares Sold:	541,984 equity shares
Percentage Sold:	1.20% of total voting capital

Shareholding Pattern Changes

The transaction resulted in a notable reduction in the promoter group entity's stake in NCL Industries. The shareholding changes are detailed below:

Holding Period:	Number of Shares	Percentage of Total Voting Capital
Before Sale:	1,028,643 shares	2.27%
Shares Sold:	541,984 shares	1.20%
After Sale:	486,659 shares	1.07%

The transaction represents a reduction of approximately 52.7% in NCL Holdings (A&S) Ltd's shareholding in the company.

Company Capital Structure

NCL Industries' equity capital structure remained unchanged following the transaction. The company maintains its total equity share capital of ₹45.23 crores, comprising 4.52 crore equity shares with a face value of ₹10.00 each. The shares are listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted by M. Divya Bharathi, Company Secretary and Compliance Officer of NCL Industries Limited, ensuring adherence to regulatory requirements for substantial shareholding changes. The transaction involved no encumbrances, voting rights other than equity shares, or convertible securities.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.15%	+6.78%	+7.38%	-9.35%	+0.34%	+43.70%

NCL Industries Limited has formally notified stock exchanges about the completion of Mrs. Sudha Reddy Punuru's tenure as Independent Director. The company made this disclosure to both Bombay Stock Exchange and National Stock Exchange of India on January 3, 2026, in compliance with regulatory requirements.

Director Term Completion Details

The company provided comprehensive details regarding the directorship change as mandated under SEBI regulations:

Parameter:	Details
Director Name:	Mrs. Sudha Reddy Punuru
Director Identification Number:	02128148
Cessation Date:	January 3, 2026 (close of business hours)
Reason for Change:	Completion of tenure as Independent Director
Committee Impact:	Ceased membership of Corporate Social Responsibility Committee

Regulatory Compliance

NCL Industries made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was submitted with reference to SEBI circular SEBI/HO/CFD/CFD/PoD-2/CIR/P/0155 dated November 11, 2024, ensuring full compliance with current regulatory frameworks.

The company had previously communicated about this directorship change in a letter dated December 3, 2025, indicating advance planning and transparent communication with stakeholders.

Corporate Governance Impact

With Mrs. Reddy's term completion, NCL Industries will need to address the vacancy in its independent director position and Corporate Social Responsibility Committee membership. The cessation follows the natural expiry of her directorship tenure rather than resignation or removal.

Company Secretary and Compliance Officer M. Divya Bharathi signed the formal notification, emphasizing the company's commitment to maintaining proper corporate governance standards and timely regulatory disclosures.