NCL Industries Ltd had earlier signed an Agreement to set up a Joint Venture Company with Moravia Containers A S of Czech Republic for manufacture of Modular Containers & Systems and other products. In order to conserve its resources and concentrate on the existing lines of business, NCL Industries Ltd has terminated the Joint Venture Agreement with Moravia Containers a.s., Czech Republic for manufacture of Modular Container Systems. No significant investment has been made by the company in the Joint Venture company except for Rs.74,900 towards the initial subscribers' Share Capital of the Joint Venture Company at the time of incorporation. These shares are being transferred at par to the person / entity chosen or approved by Moravia Containers AS. Shares of NCL Industries Limited was last trading in BSE at Rs. 166.15 as compared to the previous close of Rs. 170.60. The total number of shares traded during the day was 4929 in over 281 trades. The stock hit an intraday high of Rs. 172.00 and intraday low of 165.00. The net turnover during the day was Rs. 824556.00.

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