NCL Industries Limited , a prominent player in the Indian manufacturing sector, has announced significant changes in its leadership and corporate governance structure. The company, known for its diverse portfolio in cement, ready-mix concrete, and other building materials, has made key appointments and reconstituted several important committees.

New Company Secretary Appointment

Mrs. M. Divya Bharati has been appointed as the new Company Secretary & Compliance Officer of NCL Industries Limited, effective October 1, 2025. This appointment follows the retirement of Mr. T. Arun Kumar, who stepped down from the position due to superannuation on the same date.

Mrs. Bharati brings a wealth of experience and expertise to her new role. She holds an LLM in Corporate Laws and is an Associate Member of the Institute of Company Secretaries of India. With over 13 years of industry experience, Mrs. Bharati is well-equipped to handle the responsibilities of her new position. Prior to this appointment, she served as the Company Secretary of NCL Buildtek Ltd.

Committee Reconstitution

In light of these changes, the Board of Directors has reconstituted five key committees, effective October 1, 2025:

1. Audit Committee
2. Nomination & Remuneration Committee
3. Stakeholders Relationship Committee
4. Risk Management Committee
5. CSR Committee

This restructuring aims to ensure continued effective governance and oversight of the company's operations.

Board Meeting and AGM Proceedings

The changes were announced during a Board Meeting held on September 25, 2025. The meeting, which lasted from 12:30 PM to 1:00 PM, also addressed other important matters.

Additionally, NCL Industries Limited conducted its 44th Annual General Meeting (AGM) on the same day, September 25, 2025, via video conference. The AGM, which ran from 11:00 AM to 12:00 Noon, covered various agenda items including:

• Adoption of Standalone & Consolidated Financial Statements for the year ended March 31, 2025
• Approval of Interim Dividend and declaration of final dividend for FY 2024-25
• Appointment of Mrs. Pooja Kalidindi and Mr. Utkal B Goradia as Directors
• Ratification of Cost Auditor's remuneration for FY 2025-26
• Appointment of M/s AJ Sharma & Associates as Secretarial Auditors for a five-year term
• Appointment of Mrs. Renu Challu as Independent Director for a five-year term
• Reappointment of Mr. NGVSG Prasad as Executive Director & CFO for a five-year term

These changes and decisions reflect NCL Industries' commitment to maintaining strong corporate governance practices and adapting to evolving business needs.

NCL Industries Limited , a prominent player in the Indian manufacturing sector, has recently disclosed the release of equity shares that were previously pledged by one of its promoters. This development comes as part of the company's ongoing commitment to transparency and compliance with regulatory requirements.

Regulatory Compliance

The company has submitted the required disclosure under the Securities and Exchange Board of India (SEBI) regulations concerning substantial acquisition of shares and takeovers. This move aligns with SEBI's efforts to ensure transparency in the Indian stock market and protect investor interests.

Exchange Notifications

NCL Industries has filed the disclosure with both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). This dual filing ensures that all stakeholders and market participants are adequately informed about the change in the promoter's shareholding structure.

Details of the Disclosure

According to the company's filing, the disclosure pertains to Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeover amendments) Regulations, 2011. The specific details of the released shares, including the quantity and the impact on the overall promoter holding, were not explicitly mentioned in the available information.

Implications for Investors

The release of pledged shares by a promoter can be seen as a positive sign, potentially indicating improved financial flexibility for the promoter group. However, investors are advised to consider this information in conjunction with other financial and operational metrics of the company for a comprehensive assessment.

Company Background

NCL Industries Limited, an ISO 9001:2015 certified company, has been a significant player in the Indian market since its incorporation in 1979. The company's commitment to regulatory compliance and transparent communication with its shareholders is evident from its prompt disclosure of this development.

As the market digests this information, stakeholders will be keenly watching for any further developments or disclosures from NCL Industries Limited regarding its shareholding pattern and corporate actions.