The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Penmetsa Narasimha 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.
Penmetsa Narasimha Raju, a member of the promoter group of NCL Industries, sold 71,000 equity shares (0.16% of total share capital) through the open market on 2 June 2025. This is a revised disclosure filed under SEBI's Takeover Regulations. Before the sale, his holding stood at 5,14,545 shares (1.14%); after the sale, it came down to 4,43,545 shares (0.98%). NCL Industries has a total equity share capital of Rs.45.23 crore, comprising 4,52,32,790 shares of Rs.10 each. The sale was relatively small and is part of routine promoter group portfolio rebalancing.
This is a minor sale by a single promoter group member and represents only 0.16% of the company's share capital. It is unlikely to have a meaningful impact on the stock price or overall promoter control of the company. Retail investors need not be concerned as the stake reduction is small.