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:

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.

NCL Industries has disclosed share acquisition transactions by its promoter group members through regulatory filings submitted to stock exchanges on January 3, 2026. The disclosure pertains to the acquisition of equity shares through open market transactions, made in compliance with SEBI regulations governing substantial shareholding changes.

Transaction Details

Two promoter group entities executed share acquisitions on December 30, 2025. Kakatiya Industries Private Ltd acquired 1,300 equity shares, while Kalidindi Ravi purchased 1,544 equity shares. Both transactions were conducted through open market operations, representing standard methods of share acquisition by promoter entities.

Updated Shareholding Positions

Following the completion of the share acquisitions, both promoter group members have updated their shareholding positions in NCL Industries. The transactions resulted in marginal increases in their respective stakes in the company.

Company Capital Structure

NCL Industries maintains a stable capital structure with no changes reported in its overall equity composition following these promoter transactions. The company's equity base remains consistent across the transaction period.

Regulatory Compliance

The disclosure was submitted to both Bombay Stock Exchange and National Stock Exchange of India in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Company Secretary and Compliance Officer M. Divya Bharathi signed the regulatory filing on January 2, 2026, ensuring proper adherence to disclosure norms for promoter group transactions.