StockWatch
·
Cement & Cement Products
Shareholding3 Jul 2026, 10:59 am

G T Sandeep Sells 4.52 Cr NCL Industries Shares

AI Summary

G T Sandeep, part of the Promoter Group of NCL Industries Ltd, has sold 4,52,32,790 equity shares, representing 0.10% of the total share capital. The transaction, valued at approximately ₹45.23 crore, was conducted via an inter-se transfer. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The sale occurred on June 30, 2026. Following the sale, G T Sandeep's holding in NCL Industries has been adjusted.

Key Highlights

  • Promoter Group member G T Sandeep sold 4.52 crore shares.
  • Transaction value approximately ₹45.23 crore.
  • Sale executed through inter-se transfer.
  • Disclosure made under SEBI Takeover Regulations.
  • Impacts promoter shareholding in NCL Industries.