NOCIL Limited: Gurukripa Trust Releases Pledge on 2,50,000 Shares

1 min read     Updated on 17 Apr 2026, 10:38 AM
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AI Summary

Gurukripa Trust released pledge on 2,50,000 NOCIL Limited shares on April 10, 2026, reducing encumbered holdings from 67,00,000 to 64,50,000 shares (3.86% of total capital). The shares were unpledged from Bajaj Finance Ltd loan arrangement. The trust maintains 18.16% stake with 3,03,26,782 total shares, while promoter group holds 33.76% overall.

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Gurukripa Trust has released the pledge on 2,50,000 equity shares of nocil Limited, as disclosed in a regulatory filing dated April 16, 2026. The pledge release was executed on April 10, 2026, under the supervision of trustee Hrishikesh Arvind Mafatlal.

Pledge Release Details

The disclosure was made in compliance with Regulation 31(1) & 31(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The shares were unpledged from a loan arrangement with Bajaj Finance Ltd.

Parameter: Details
Shares Released: 2,50,000
Release Date: April 10, 2026
Type of Encumbrance: Pledge
Lender: Bajaj Finance Ltd.
Percentage of Total Capital: 0.15%

Current Holdings Structure

Following the pledge release, Gurukripa Trust's shareholding pattern in NOCIL Limited shows significant changes in encumbered holdings. The trust maintains a substantial stake in the company while reducing its pledged commitments.

Holding Details: Before Release After Release
Total Equity Shares: 3,03,26,782 3,03,26,782
Percentage of Capital: 18.16% 18.16%
Encumbered Shares: 67,00,000 64,50,000
Encumbered Percentage: 4.01% 3.86%

Promoter Group Holdings

The regulatory filing also provides a comprehensive view of the promoter group's holdings in NOCIL Limited. The total promoter group holding stands at 5,63,91,184 equity shares, representing 33.76% of the company's total share capital.

Key Promoter Holdings:

  • Mafatlal Industries Limited: 2,52,59,059 shares (15.12%)
  • Hrishikesh A Mafatlal (Individual): 7,91,468 shares (0.47%)
  • Other Trust Holdings: Minimal stakes in Karuna Trust, Narsingha Trust, Radharaman Trust, and Shrija Trust

Regulatory Compliance

The disclosure demonstrates the promoter group's commitment to maintaining transparency in shareholding changes and encumbrance modifications. The total encumbered shares across the promoter group now stand at 1,25,19,484 shares, representing 7.50% of NOCIL's total share capital.

This pledge release indicates a strategic financial restructuring by Gurukripa Trust, potentially improving the liquidity position while maintaining the significant shareholding in NOCIL Limited. The trust continues to be one of the major stakeholders in the specialty chemicals company.

Historical Stock Returns for NOCIL

1 Day5 Days1 Month6 Months1 Year5 Years
+0.37%+4.54%+23.74%-1.53%-6.75%+4.32%

Will Gurukripa Trust continue to reduce its remaining 64.5 lakh encumbered shares in NOCIL, and what timeline might they follow?

How might this pledge release impact NOCIL's stock liquidity and trading volumes given the reduced encumbrance on promoter holdings?

Could this financial restructuring by Gurukripa Trust signal potential plans for increased investment or expansion in NOCIL's specialty chemicals business?

NOCIL Limited Submits Q4FY26 Compliance Certificate Under SEBI Depositories Regulations

1 min read     Updated on 14 Apr 2026, 10:34 AM
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AI Summary

NOCIL Limited filed its Q4FY26 compliance certificate under SEBI Depositories Participants Regulations with BSE and NSE on April 14, 2026. The certificate from registrar Kfin Technologies Limited covers January-March 2026 period, during which 101 dematerialization requests for 23,540 shares were processed - 86 approved for 21,910 shares and 15 rejected for 1,630 shares. The filing demonstrates regulatory compliance for depositories and participants regulations.

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NOCIL Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) under Regulation 74(5) of the SEBI Depositories Participants Regulations, 2018. The filing covers the quarter ended March 31, 2026, demonstrating the company's adherence to regulatory compliance requirements.

Regulatory Compliance Filing

The compliance certificate was filed on April 14, 2026, by Amit K. Vyas, Head-Legal & Company Secretary of NOCIL Limited. The document was submitted to both exchanges where the company's shares are listed - BSE (Code: 500730) and NSE (Symbol: NOCIL). This quarterly filing is mandatory under SEBI regulations for companies whose shares are held in dematerialized form.

Registrar Activities During Q4FY26

Kfin Technologies Limited, serving as NOCIL's Registrar and Share Transfer Agent, provided detailed confirmation of activities undertaken during the January 1, 2026 to March 31, 2026 period. The registrar processed dematerialization requests within the stipulated 15-day timeframe as required by regulations.

Activity: Details
Period Covered: January 1, 2026 to March 31, 2026
Approved Requests: 86 requests for 21,910 shares
Rejected Requests: 15 requests for 1,630 shares
Total Requests Processed: 101 requests for 23,540 shares

Compliance Procedures Followed

Kfin Technologies confirmed adherence to all regulatory procedures during the quarter. The registrar ensured that securities comprised in the certificates were listed on stock exchanges where previously issued securities are traded. Following due verification, the physical security certificates were immediately mutilated and cancelled as per prescribed procedures.

The registrar also confirmed that names of depositories were substituted in the register of members as registered owners for approved dematerialization requests. All activities were certified to depositories and stock exchanges in accordance with applicable regulations.

Corporate Information

Kfin Technologies Limited operates from its operations center in Hyderabad's Financial District and maintains its registered office in Mumbai. The company holds CIN L72400MH2017PLC444072 and continues to serve as NOCIL's registrar and share transfer agent, ensuring smooth processing of investor services and regulatory compliance.

Historical Stock Returns for NOCIL

1 Day5 Days1 Month6 Months1 Year5 Years
+0.37%+4.54%+23.74%-1.53%-6.75%+4.32%

What factors might be driving the relatively high rejection rate of 15% for dematerialization requests at NOCIL?

How could NOCIL's consistent regulatory compliance impact its ESG ratings and institutional investor interest going forward?

Will the trend toward dematerialization accelerate further, and what implications might this have for NOCIL's shareholder base composition?

More News on NOCIL

1 Year Returns:-6.75%