NOCIL: Gurukripa Trust Pledges 9,00,000 Shares to Aditya Birla Capital for Loan
Gurukripa Trust pledged 9,00,000 NOCIL shares (0.54% of total capital) to Aditya Birla Capital Ltd for loan purposes on March 05, 2026. The trust, holding 18.16% stake in NOCIL, now has total encumbered shares of 67,00,000 (4.01%). Overall promoter group encumbered shares increased to 1,27,69,484 shares representing 7.65% of company's share capital.

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Gurukripa Trust has pledged 9,00,000 equity shares of nocil to Aditya Birla Capital Ltd for loan purposes, as disclosed in a regulatory filing dated March 06, 2026. The pledge was created on March 05, 2026, under the supervision of trustee Hrishikesh Arvind Mafatlal.
Share Pledge Details
The pledge transaction involves shares held by Hrishikesh Arvind Mafatlal as trustee of Gurukripa Trust. The disclosure was made under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
| Parameter: | Details |
|---|---|
| Shares Pledged: | 9,00,000 equity shares |
| Percentage of Total Capital: | 0.54% |
| Pledge Date: | March 05, 2026 |
| Beneficiary: | Aditya Birla Capital Ltd |
| Purpose: | Loan arrangement |
Promoter Holdings Overview
Gurukripa Trust, through its trustee, holds a substantial stake in NOCIL. The trust's total holding stands at 3,05,26,782 shares, representing 18.16% of the company's total share capital.
| Promoter Entity: | Shareholding | Percentage |
|---|---|---|
| Gurukripa Trust: | 3,05,26,782 shares | 18.16% |
| Previously Encumbered: | 58,00,000 shares | 3.47% |
| Current Pledge: | 9,00,000 shares | 0.54% |
| Total Encumbered: | 67,00,000 shares | 4.01% |
Total Promoter Group Position
The promoter group collectively holds 5,63,91,184 shares, representing 33.76% of NOCIL's total share capital. Following the current pledge creation, total encumbered shares across the promoter group increased to 1,27,69,484 shares, representing 7.65% of the company's share capital.
Mafatlal Industries Limited, another promoter entity, holds 2,52,59,059 shares (15.12% stake) with 60,69,484 shares already encumbered. Other promoter entities include individual holdings by Hrishikesh A Mafatlal (7,91,468 shares) and various trust entities with smaller stakes.
Regulatory Compliance
The disclosure was filed with BSE Limited (Scrip Code: 500730) and National Stock Exchange of India Ltd (Scrip Code: NOCIL) in compliance with SEBI takeover regulations. The filing was signed by Hrishikesh A. Mafatlal as trustee of Gurukripa Trust from Mumbai on March 06, 2026.
Historical Stock Returns for NOCIL
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.22% | -8.85% | -4.43% | -25.07% | -24.78% | -26.54% |


































