NOCILBSENOCIL LtdMediumNeutral
Announced Tue, 26 May · 17:34 IST

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

Management Changes View source PDF

NOCIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.1%1-day move
₹168.94
prior close
₹167.72
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.3+0.4+0.4+1.3-1.1-3.8-2.8-3.9-1.6-8.0-3.8+8.3-3.3
Up moveDown movePending
AI summary

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.

Likely market impact

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.