NCL Industries Limited has disclosed additional share transactions by its promoter group entities in March 2026, following earlier February activities. The latest disclosures, made by Company Secretary & Compliance Officer M. Divya Bharathi, cover acquisition activities conducted under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

March 2026 Promoter Group Transactions

Three promoter group entities executed share acquisitions during early March 2026. Gokul Srinivasaraghavan acquired 150 shares through open market operations on 17 February and 25 February 2026, increasing his holding from 95,649 shares (0.21%) to 95,799 shares (0.21%). NCL Holdings (A&S) Ltd acquired 16,080 shares through open market operations on 2 March and 4 March 2026, raising its holding from 83,435 shares (0.18%) to 99,515 shares (0.22%).

Kalidindi Ravi acquired 4,000 shares through inter-se transfer on 4 March 2026, increasing his substantial holding from 3,067,020 shares (6.78%) to 3,071,020 shares (6.79%).

Previous February 2026 Activities

Earlier transactions during 25-27 February 2026 included multiple activities among promoter group entities. NCL Holdings (A&S) Ltd had executed a series of transactions, initially acquiring 4,292 shares through open market operations on 25-26 February, followed by an additional 8,991 shares on 27 February, before selling 30,669 shares on 2 March through inter-se transfer.

Company Share Capital Structure

Throughout all disclosed transactions, NCL Industries Limited maintained its equity share capital at Rs.45,23,27,900, comprising 4,52,32,790 equity shares of Rs.10 each. The company's shares remain listed on both BSE and NSE, ensuring transparency in all promoter group transactions and regulatory compliance.

Regulatory Compliance Framework

All disclosures were made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transactions demonstrate continued active portfolio management within the promoter group structure, involving strategic share redistribution through both open market acquisitions and inter-se transfers among related entities and key promoter individuals.

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.

Current Shareholding Position

Following the release, G.T. Sandeep's shareholding structure has been updated with reduced pledge commitments.

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.