NOCIL Limited , at its Board of Directors meeting held on 7th May 2026, announced a series of significant changes to its board composition, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 2.30 p.m. (IST) and concluded at 6.30 p.m. (IST). The changes include the appointment of two new Additional Independent Directors, the re-appointment of the Executive Chairman, and the completion of tenure of an existing Independent Director.

Board Composition Changes at a Glance

The following table summarises the key directorate changes announced by NOCIL Limited:

All appointments and the re-appointment are subject to the approval of shareholders at the 64th Annual General Meeting of the Company.

Appointment of New Independent Directors

Based on the recommendation of the Nomination and Remuneration Committee, the Board appointed Mr. Sanjiv Lal as an Additional Director designated as Independent Director with effect from 7th May 2026. Mr. Lal brings over 41 years of experience in innovation, sustainability, collaborations, and technology adoption, with extensive experience across the Tata Group and Hindustan Unilever. He served as the Managing Director and CEO of Rallis India Ltd, a leading crop care company, from 1st April 2019 to 31st March 2024. Mr. Lal holds a B.Tech degree in Chemical Engineering from the Indian Institute of Technology (IIT), Delhi, earned in 1983, and has completed several executive development programs including the Management Development Program at IMD Switzerland (2000), the Unilever General Management Program (1996), and the Tata Strategic Leadership Program (2007). He currently serves as an Independent Director on the Board of NACL Industries Limited.

Mr. Sabyaschi Patnaik was also appointed as an Additional Director designated as Independent Director with effect from 7th May 2026. Mr. Patnaik has over 30 years of experience in leadership roles across multinational corporations within the chemical sector. He holds a Bachelor of Technology (B.Tech) in Chemical Engineering from IIT BHU, an M.Sc in Chemical Engineering from Colorado State University, USA, and has completed the Advanced Management Program from the Wharton School of Business, USA. Mr. Patnaik brings proven expertise in operational excellence, international business management, organizational change, and supply chain optimization, and has previously served as a Board Member for two companies.

Re-appointment of Executive Chairman

The Board, based on the recommendation of the Nomination and Remuneration Committee, approved the re-appointment of Mr. Hrishikesh Arvind Mafatlal as Executive Chairman for a period of 5 years from 19th August 2026 to 18th August 2031, subject to shareholder approval at the 64th Annual General Meeting. Mr. Hrishikesh Arvind Mafatlal was a Member on the Board of Governors of IIM Ahmedabad for 12 years (1995–2007) and served as the Vice Chairman of The Cotton Textiles Export Promotion Council (TEXPROCIL). He is a Trustee of N.M Sadguru Water and Development Trust, Chairman of Sri Chaitanya Health and Care Trust, and Chairman of BAIF Development Foundation. The company has affirmed that Mr. Hrishikesh Arvind Mafatlal is not debarred from holding the office of Director by virtue of any order of SEBI or any other such authority. It has also been disclosed that Mr. Hrishikesh Arvind Mafatlal is not related to any Director of the Company except Mr. Priyavrata H. Mafatlal, Non-Executive Director.

Completion of Tenure: Mr. Vilas R. Gupte

Mr. Vilas R. Gupte was appointed as an Independent Director of the Company for a period of 5 years, effective from 27th May 2021 to 26th May 2026. Mr. Gupte expressed his intention not to seek re-appointment for a second term, and consequently, his tenure as an Independent Director concluded at the close of business hours on 26th May 2026.

The company has affirmed, in accordance with BSE Circular No. List/Comp/14/2018-19 dated 20th June 2018, that all directors being appointed are not debarred from holding the office of Director by virtue of any order of SEBI or any other such authority. The detailed disclosures as required under Regulation 30 of the SEBI (LODR) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023, have been provided by the company.

NOCIL Limited has issued a formal public notice to its shareholders regarding the mandatory transfer of equity shares to the Investor Education and Protection Fund (IEPF), in accordance with Sections 124 and 125 of the Companies Act 2013, read with the IEPF (Accounting, Audit, Transfer and Refund) Rules, 2016, as amended. The notice was published in newspapers on 6th May 2026 and pertains to unclaimed or unpaid dividends for FY 2018-19 that have remained unclaimed for seven consecutive years.

Background and Regulatory Basis

Pursuant to the applicable rules, companies are required to transfer equity shares to the IEPF where dividends have remained unclaimed or unpaid for a period of seven consecutive years or more. The dividend in question was declared at NOCIL's 57th Annual General Meeting held on 30th July 2019. Since the dividend for FY 2018-19 has remained unclaimed for the stipulated period, the underlying shares are now mandatorily required to be transferred to IEPF.

The company had already sent individual communications dated 29th April 2026 to all shareholders whose shares are liable for such transfer, requesting them to claim their dividends.

Key Dates and Deadlines

Shareholders must take note of the following critical timelines:

Shareholders who fail to claim their unpaid or unclaimed dividend for FY 2018-19 by 31st July 2026 will have their shares transferred to the IEPF on 5th September 2026, without any further notice from the company.

Newspaper Publications

The notice was published in the following editions:

• Economic Times – English Edition dated 6th May 2026
• Maharashtra Times – Marathi Edition dated 6th May 2026

Copies of the advertisements have been uploaded on the company's website at www.nocil.com .

Impact on Physical and Demat Shareholders

For shareholders holding shares in physical form, the company will issue new share certificate(s) in lieu of the original certificate(s) for the purpose of conversion into demat form and subsequent transfer to the IEPF Authority's demat account. Upon such issuance, the original share certificate(s) registered in the shareholder's name will stand automatically cancelled and be deemed non-negotiable.

For shareholders holding shares in demat form, the transfer of shares to the IEPF Authority's demat account will be effected through the respective depositories.

Any further dividend on shares transferred to IEPF will be credited directly to IEPF. No claim shall lie against the company in respect of unclaimed dividends or shares transferred to IEPF. Shareholders may, however, reclaim their shares and dividends by submitting an application to IEPF in Form IEPF-5, the procedure for which is available on the company's website www.nocil.com and on the IEPF website at www.iepf.gov.in .

Shareholder Action Required

Shareholders are advised to visit the company's website to verify whether their shares are listed for transfer to IEPF. For queries, shareholders may contact the company's Registrar and Share Transfer Agent:

The notice has been signed by Amit K. Vyas, Head-Legal and Company Secretary, NOCIL Limited, Mumbai, dated 6th May 2026.