NCL Industries Limited — Pledging, 06-06-2025: Pledge/Unpledge

Promoter Penmetsa Narasimha Raju had equity shares pledged as collateral for a working capital loan. During 2nd-3rd June 2025, invocation of 5,145,451 shares (51.45% of his holding) occurred in favor of Cholamandalam Securities Ltd. Post invocation, 1,500,000 shares remain pledged. This reflects a significant reduction in pledged shares by the promoter, impacting the promoter’s free shareholding available for the market.