NOCIL Limited has informed the Exchange regarding Change in Director(s) of the company.

Director Flagged GovernanceManagement Changes View source PDF

NOCIL · price

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Price reaction · full curve 14 horizons · vs prior close

-1.1%1-day move

₹168.94

prior close

₹167.72

base price

After-mkt

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AI summary

NOCIL Limited announced that Mr. Vilas R. Gupte has ceased to be an Independent Director of the Company upon completion of his 5-year tenure on 26th May 2026. He also ceased to be a Director of the Company effective the same date at the close of business hours. This is a routine governance change as Independent Directors in India are typically appointed for a maximum term of 5 consecutive years under the Companies Act.

Likely market impact

This is a routine board change with no immediate operational impact. The departure of an Independent Director may slightly affect board independence and committee composition until a replacement is appointed.