NOCILBSENOCIL LtdHighNeutral
Announced Tue, 2 Dec · 10:15 IST

The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on December 01, 2025 for Hrishikesh Arvind ....

Ownership 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

Awaiting price reaction for this filing.

AI summary

Gurukripa Trust (Hrishikesh Arvind Mafatlal as Trustee) has created a pledge on 31,00,000 equity shares of NOCIL Ltd, equal to 3.47% of total share capital, on November 28, 2025. The pledge is in favour of Aditya Birla Capital Ltd, taken as security for a loan availed by the trust. Post this pledge creation, the promoter group's total encumbered holding in NOCIL stands at 1,05,24,454 shares (6.30% of share capital), up from 4.45% earlier. This is a routine SEBI Regulation 31(1) disclosure and does not involve any change in beneficial ownership of shares.

Likely market impact

Shares remain with the promoter group; only a financial encumbrance has been created against a loan from Aditya Birla Capital. Minor near-term overhang sentiment possible if markets read higher pledging as a sign of funding need, but ownership and control of NOCIL are unaffected.