NCLINDBSENCL Industries Ltd-$HighPositive
Announced Wed, 17 Dec · 17:14 IST

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

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

NCLIND · price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Two members of the promoter group of NCL Industries Ltd — Kalidindi Ravi and Kakatiya Industries Private Ltd — have acquired shares in the open market on December 16, 2025. Kalidindi Ravi bought 29,73,196 shares (6.57% of total share capital), raising his holding from 500 shares to 29,73,696 shares. Kakatiya Industries Pvt Ltd bought 1,10,287 shares (0.24%), raising its holding from 299 shares to 1,10,586 shares. Both acquisitions were disclosed under SEBI Takeover Regulations and the total equity share capital of the company remains Rs.45.23 crore comprising 4.52 crore equity shares.

Likely market impact

The promoter group has significantly increased its stake in NCL Industries, which is generally viewed positively by retail investors as it signals insider confidence. Kalidindi Ravi's 6.57% acquisition is sizeable and crosses the 5% regulatory creeping acquisition threshold, meaning further purchases may trigger additional disclosure requirements.