The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Penumatsa Satyanarayana Raju
NCLIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Penumatsa Satyanarayana Raju, a member of the promoter group of NCL Industries, sold 10,000 equity shares via the open market on 10 June 2025. This reduced his holding from 57,314 shares (0.12%) to 47,314 shares (0.10%) of the company's paid-up capital. The sale represents just 0.02% of total voting share capital. NCL Industries has a total equity capital of ₹45.23 crore, comprising 4.52 crore shares of ₹10 each. The disclosure was filed with BSE and NSE under Regulation 29(2) of the SEBI Takeover Regulations.
The transaction is extremely small and unlikely to have any meaningful impact on the stock price or promoter control. Investors should note that the selling promoter holds a very minor stake, so this sale does not signal any significant change in promoter sentiment.