NOCIL Share Price Hits 20% Upper Circuit as 5 Year Anti-Dumping Duty Targets Rubber Accelerator Imports

NOCIL witnessed a record rally after the Directorate General of Trade Remedies (DGTR) imposed a 5 year Anti-Dumping Duty (ADD) on imports of Sulphenamides Accelerators from China, the United States and the European Union.  

The measure comes after the Commerce Ministry notified anti-dumping duties on rubber accelerators from these regions in March. 

Relevance For NOCIL's Business 

As India's largest rubber chemicals manufacturer, NOCIL produces a complete range of Sulphenamide Accelerators under its Pilcure brand. 

These chemicals are widely used in the rubber and tyre industry during the vulcanisation process, making them an important part of the company's product portfolio. 

Shareholding Pattern 

At the end of the March quarter, the promoter group held 33.76% of NOCIL. 

Indian mutual funds owned 7.1%, led by ICICI Prudential Commodities Fund with 3.35% and Mahindra Manulife Smallcap Fund with 2.39%. Foreign Portfolio Investors held 4.5% of the company. 

Read More: Aurobindo Pharma Share Price in Focus; Receives US FTC Nod for Lannett Acquisition! 

NOCIL Share Price Performance  

As of 22 June 2026, at 12:18 PM, NOCIL Ltd share price was locked at an upper circuit limit of ₹190.29 per share, reflecting a surge of 20% from the previous closing price.  

Conclusion 

The 5 year Anti-Dumping Duty on Sulphenamides Accelerators from China, the United States and the European Union is a key development for NOCIL, which manufactures these rubber chemicals under its Pilcure brand and remains India's largest producer in the segment. 

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