Promoter Acquires Shares in NCL Industries Limited through Open Market Purchase

Promoter Acquires Shares in NCL Industries Limited through Open Market Purchase

Promoter Acquires Shares in NCL Industries Limited through Open Market Purchase​

A promoter group member, Kalidindi Ravi, has acquired additional shares of NCL Industries Limited through open market purchases. The acquisition was completed on June 8, 2026, marking a minor increase in the holdings of the individual in the company.

The transaction details confirm that Mr. Kalidindi Ravi, identified as belonging to the Promoter Group, increased his stake in NCL Industries Ltd. via the open market. Before this acquisition, the promoter held 3,117,444 shares, representing 6.89% of the total voting capital.

The details of the shareholding and the transaction are summarized below:

MetricDetails Before AcquisitionTransaction DetailsDetails After Acquisition
AcquirerKalidindi Ravi (Promoter Group)Open market purchaseN/A
Shares Carrying Voting Rights (Before)3,117,4447,064 shares acquired3,124,508
Percentage Holding (Before)6.89%0.02%6.91%

The acquisition resulted in the promoter's holding increasing slightly to 6.91%. The total equity share capital of NCL Industries Ltd. before and after the transaction was reported as Rs.45,23,27,900/, comprising 4,52,32,790 equity shares of Rs.10/- each.

The acquisition details provided in the records are as follows:

  • Target Company: NCL Industries Limited
  • Acquirer: Kalidindi Ravi (Promoter Group)
  • Mode of Acquisition: Open market
  • Date of Acquisition: 08-06-2026

NCLIND Stock Price Movement​

Today, NCL Industries Limited shares edged higher to close at ₹184.97 after rising 1.58% in the market. The stock traded within a tight range, hitting a low of ₹180.1 and a high of ₹185.79 on a volume of 49,435 shares.
 

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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