NOCIL Limited has addressed queries from stock exchanges regarding a significant increase in trading volume, confirming its adherence to regulatory disclosure requirements and transparency standards.

Exchange Communication Details

The company issued its clarification on March 24, 2026, in response to a letter from stock exchanges bearing reference L/SURV/ONL/PV/SG/2025-2026/998. The communication was addressed to both major Indian stock exchanges where the company's shares are listed.

Regulatory Compliance Statement

NOCIL emphasized its commitment to maintaining compliance with SEBI LODR Regulations. The company stated that it has been consistently and promptly informing stock exchanges of all events and information that have a bearing on its operations or performance.

The clarification specifically addressed concerns about potential undisclosed information by confirming that there is no undisclosed price-sensitive information or any impending announcement or corporate action requiring disclosure to exchanges at this time.

Ongoing Disclosure Commitment

The company reaffirmed its dedication to regulatory transparency by assuring stakeholders that it will continue to promptly inform exchanges of all material events, information, and actions as required under SEBI LODR Regulations 2015.

Key compliance aspects highlighted include:

• Prompt disclosure of operational developments
• Timely reporting of performance-related information
• Adherence to material event disclosure requirements
• Commitment to ongoing regulatory compliance

Corporate Authorization

The clarification was signed by Amit K. Vyas, Head-Legal and Company Secretary, who digitally signed the document on March 24, 2026, at 14:08:23 +05'30'. This formal authorization demonstrates the company's structured approach to regulatory communications and corporate governance practices.

The response concludes with a request for exchanges to take the clarification on record, indicating the company's cooperative approach to regulatory oversight and market surveillance activities.

NOCIL has received board approval for a significant capital expenditure program worth ₹130 crore, specifically allocated for expanding rubber chemical production capacity at its Dahej manufacturing facility. The board of directors approved this strategic investment during their meeting held on 16th March 2026, as disclosed under Regulation 30 of SEBI Listing Regulations.

Investment Details and Scope

The approved capital spending represents a substantial financial commitment by NOCIL to enhance its rubber chemical manufacturing capabilities. The investment focuses on expanding peak utilization products within the company's rubber chemical portfolio through a brownfield investment approach.

Current Operations and Expansion Strategy

The company currently operates with an existing capacity of 115,000 MTA of rubber chemicals, with present capacity utilization standing at around 70.00%. The proposed expansion involves setting up a comprehensive integrated facility, including backward integration of inputs in the specialty portion of the rubber chemicals business.

Project Timeline and Strategic Rationale

The capacity expansion project is targeted for completion by the first half of FY28, providing a clear timeline for stakeholders. The company expects this investment to contribute to revenue growth, operational efficiencies, and improved market positioning over the medium to long term, while helping expand its presence in both local and global markets.

This strategic initiative reflects NOCIL's commitment to strengthening its manufacturing infrastructure and enhancing its competitive position in the specialty rubber chemicals segment through integrated production capabilities.