NCNCC500294Leadership appointment or

Demise of Founder, Chairman Emeritus and Promoter Padma Shri Dr A V S Raju

NCC Ltd informed the exchanges of the sad demise of Padma Shri Dr. A V S Raju, Founder, Chairman Emeritus and Promoter, on 13th October 2026.

By ScoutQuest · Tue 13 Oct 2026, 10:57 PM IST · 1 min read

Date of Demise

13th October 2026

Promoter Classification

ceases to be classified as a Promoter of the Company consequent to his demise

Applicable Regulation

Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

What the company informed

NCC Limited has informed the stock exchanges of the sad demise of Padma Shri Dr. A V S Raju, described in the update as Founder, Chairman Emeritus and Promoter of the Company, on 13th October 2026.

In the same intimation, the company said

• He laid the foundation of NCC Limited.
• He played an instrumental role in its growth and evolution into one of India's leading construction and infrastructure companies.
• His leadership, commitment to excellence and enduring values have left an indelible mark on the Company and will continue to inspire generations to come.
• The Company placed on record its profound gratitude for his contributions and legacy.

The change in promoter classification

The update states that, pursuant to Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Dr. A V S Raju ceases to be classified as a Promoter of the Company consequent to his demise.

In simple terms, this is the company recording that he no longer stands in the promoter category, and that this follows from his passing.

How a reader may see it

This is an intimation of a sad event concerning the person who founded the company and who was classified as its Promoter. Along with that news, the company has recorded a change in how he is classified in its promoter records.

• The update uses the specific words "ceases to be classified as a Promoter" for that change.
• The update is signed by the Company Secretary, A Karthik.

The intimation does not go beyond the demise, the company's tribute and the promoter classification change.

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