NOCIL Limited has closed its trading window for designated and connected persons effective Tuesday, June 30, 2026. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons. The restriction will remain in force until the conclusion of 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026, as approved by the Board of Directors.

The company stated that the specific date for the Board meeting to consider these unaudited financial results will be communicated to the stock exchanges separately. This measure ensures compliance with regulatory standards aimed at preventing insider trading during the period leading up to financial disclosures.

The notification was addressed to The Bombay Stock Exchange Ltd. and The National Stock Exchange of India Ltd. on June 23, 2026. Amit K. Vyas, Head - Legal and Company Secretary, signed the disclosure on behalf of NOCIL Limited.

NOCIL Limited has announced a final dividend of ₹1.50 per equity share for the financial year ended March 31, 2026. The dividend, recommended by the Board of Directors on May 7, 2026, is subject to approval at the 64th Annual General Meeting (AGM) scheduled for August 3, 2026. The payout will be made on or after August 10, 2026, to shareholders whose names appear on the register of members as on the record date of July 24, 2026.

Dividend income is taxable in the hands of shareholders under the Finance Act, 2020. Consequently, NOCIL will deduct tax at source (TDS) under the Income Tax Act, 2025 at the time of distribution. The applicable TDS rate depends on the shareholder's residential status and the documentation submitted by the deadline of July 20, 2026. Failure to provide the necessary details may result in a higher deduction or ineligibility for the dividend.

Tax Deduction Rates and Documentation

The TDS rates and required documents vary by shareholder category. Resident shareholders are generally subject to a 10% deduction, while non-resident shareholders face a 20% rate (plus surcharge and cess) or the applicable tax treaty rate, whichever is lower.

Specific exemptions apply to resident individuals if dividend income does not exceed ₹10,000 during the Tax Year 2026-27. Senior citizens or those with income below the basic exemption limit may submit Form 121 for nil or lower deduction. Entities such as insurance companies, mutual funds, and corporations established under Central Acts must provide valid declarations to claim exemption.

Compliance and Payment Mode

Dividend payments will be made exclusively through electronic means; no Demand Drafts or Pay Orders will be issued. Shareholders holding shares in demat form must ensure their email IDs and bank details are updated with their Depository Participants. Those holding physical shares must submit a written request in Form ISR-1 to KFin Technologies Limited to update records.

NOCIL emphasized that tax deduction compliance is governed by the Income Tax Act, 2025, and the Finance Act, 2020. The company will issue TDS certificates in Form 131, and shareholders can verify the credit via Form 168. Non-compliance with PAN requirements or failure to link Aadhaar may result in a 20% TDS deduction and penalties under Section 467 of the Act.