Mr. Vilas R Gupte has ceased to be an Independent Director of the Company upon the completion of his tenure of 5 years on 26th May, 2026
NOCIL · price
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Mr. Vilas R. Gupte has stepped down as Independent Director of NOCIL Ltd after completing his full 5-year tenure on 26th May 2026. As a result, he also ceased to be a Director of the Company effective at the close of business hours on the same date. This is a routine board transition as independent directors in India are typically appointed for a fixed term of up to 5 years. The company has informed stock exchanges as per SEBI listing regulations. Mr. Gupte served the complete tenure without early exit.
This is a routine board change with minimal direct impact on stock price. The company will need to appoint a new Independent Director to maintain board composition as required under listing regulations.