NCL Industries Limited — Pledging, 11-06-2025: Pledge/Unpledge

Promoters Penmetsa Narasimha Raju and Penmetsa Vara Lakshmi invoked pledges on their shares as collateral for working capital loans in early June 2025. Narasimha Raju released 5,141,451 shares and 710,000 shares were pledged to Cholamandalam Securities Ltd. Vara Lakshmi invoked pledges on 3,503,550 shares, with 790,000 shares pledged to the same lender. The transactions reduce the number of shares available as pledged collateral and are a positive indicator for investors regarding reduced promoter share encumbrance.