NCL Industries Limited — Pledging, 26-12-2025: Pledge/Unpledge

On August 19-20, 2025, NCL Industries promoter Penmetsa Narasimha Raju released 425,000 equity shares (0.94% of total share capital) from pledge. Subsequently, on December 20, 2025, an additional 420,000 shares (0.83%) were unpledged. In total, 845,000 shares, representing 1.77% of NCLIND's total share capital, have been freed from their prior pledge as collateral for working capital loans. This reduction in promoter-pledged shares often signals improved financial health for the promoter and removes a potential overhang on the stock, typically viewed as a positive for investor sentiment.