The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kalidindi Ravi

Promoter bought stakeOwnership Changes View source PDF Explain this filing

NCLIND · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹201.79

prior close

₹202.79

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.6%+0.5% vs market

Cement & Cement Products peers, median of 34sector-1.4%+1.3% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 1.3 pts more than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.5

10m

-0.7

15m

-0.7

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1-0.6+0.5-1.4+1.3

Next day

-0.2-0.5+0.3-1.4+1.2

+0.2+0.8-0.7-1.0+1.1

-1.3+0.4-1.7-0.8-0.5

-1.1+0.3-1.4-1.7+0.6

-1.0+0.1-1.1-1.0+0.0

-3.4-1.0-2.4-2.7-0.7

15d

-1.1-2.5+1.4-1.6+0.5

-2.4-2.2-0.1+0.1-2.5

-8.8-10.8+2.0-4.9-3.9

-9.2-7.0-2.2-8.0-1.2

UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NCL Industries disclosed an acquisition by promoter group member Kalidindi Ravi under SEBI Takeover Regulations. On 19 November 2025, Kalidindi Ravi acquired 44,517 equity shares (0.10% of paid-up capital) from another promoter group entity through an off-market inter-se transfer. His holding rose from 29,28,679 shares (6.47%) to 29,73,196 shares (6.57%) of the company. The total share capital of the company remained unchanged at Rs.45.23 crore comprising 4,52,32,790 equity shares. Since this is an inter-se transfer within the promoter group, the aggregate promoter shareholding in NCL Industries does not change.

Likely market impact

This is a routine reshuffling of shares within the promoter family and has no impact on total promoter shareholding or on minority shareholders. Investors should note no signal on broader promoter confidence or stake build-up as the move is neutral at the company level.