NCL Industries Limited — Pledging, 25-03-2025: Pledge/Unpledge

PENMETSA NARASIMHA RAJU from the promoter group has invoked a pledge of shares, impacting 1.15% of the total share capital. This transaction, dated 24-03-2025, was carried out to secure a working capital loan from Aditya Birla Finance Ltd. After the invocation, the promoter's post-event holding of encumbered shares totaled 0.01%. This transaction may raise concerns among investors regarding the liquidity and financial stability of the company.