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NCL Industries Ltd is principally engaged in the business of manufacturing and selling of Cement, Ready Mix Concrete, Cement Bonded Particle Boards, Doors, and operates two Small Hydro Power projects.
NCL Industries promoter G.T. Sandeep has released 447,220 pledged equity shares, equivalent to 0.10% of the company's total share capital. This move reduces the promoter's encumbrance, a development often viewed positively by investors as it signifies reduced financial risk.
NCL Industries is expanding strategically with a 130 MW solar-wind hybrid project for INR 919 Cr capex, aiming 50 MW by FY28 for energy cost control. Backward integration also strengthens limestone security. Q1-FY27 revenue reached INR 343.7 Cr, with PAT at INR 17.4 Cr.