NCL Industries Limited — Pledging, 17-09-2025: Pledge/Unpledge

NCL Industries' promoter group member, Penmetsa Narasimha Raju, has released 4,435,350 equity shares from pledge on August 19 & 20, 2025. This block represents 0.98% of the company's total share capital and significantly reduces the promoter's encumbered holdings. Post-release, 425,000 shares (0.94% of total share capital) held by Penmetsa Narasimha Raju remain pledged. These shares were originally collateral for a Working Capital Loan. A substantial reduction in promoter pledging is typically seen as a positive signal by investors.