The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 23, 2025 for Hrishikesh Arvind ....
NOCIL · price
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Gurukripa Trust, part of the promoter group of NOCIL Ltd led by Hrishikesh Arvind Mafatlal, has filed a revised disclosure on July 23, 2025 regarding the creation of a pledge on 11,00,000 equity shares of NOCIL. The original disclosure was filed on February 3, 2025 but was revised to mention the entity in whose favour the shares were encumbered (Bajaj Finance). The pledge was created on February 1, 2025 to secure a loan taken from Bajaj Finance. Post this pledge, the promoter's total encumbered holding stands at 49,46,154 shares, which is 2.96% of NOCIL's total share capital. The total promoter group holding in NOCIL remains unchanged at approximately 33.78% (5,63,91,184 shares).
This is a routine revision of an earlier disclosure to add the lender's name (Bajaj Finance) for completeness. The pledge is a small fraction (under 3%) of total share capital and relates to a loan, not a change in ownership or control. No material impact on shareholders is expected.