NCL Industries promoter group releases significant pledged shares

NCL Industries Limited announced on September 11, 2025, that its promoter group, Penmetsa Narasimha Raju, released 425,000 equity shares previously pledged as collateral security for a Working Capital Loan. This action, which occurred on August 19 and 20, 2025, reduced the promoter group's encumbered shares from 443,535 (0.98% of total share capital) to 18,545 shares, now representing a mere 0.04% of the total share capital.

The shares were pledged in favor of Northeast Broking Services Ltd. The disclosure was made in compliance with Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeover amendments) Regulations, 2011, to both the Bombay Stock Exchange and the National Stock Exchange of India.