National Aluminium Company Limited paid a dividend of ₹1,083.06 crore to the Government of India for FY26, marking the highest-ever payout by the company.

The total dividend declared for FY26 stood at ₹2,112.12 crore, representing a 230% payout on equity shares with a face value of ₹5 each. This includes three interim dividends and one final dividend. The cheque was handed over to Union Minister G. Kishan Reddy during an investor roadshow in Kolkata on September 28, 2026.

Record financial performance

The company reported robust performance in FY26 with a Profit After Tax (PAT) of ₹5,815.76 crore. The substantial dividend payout reflects the company's strong cash generation capabilities during the fiscal year.

Angul Aluminium Park roadshow

Concurrently, NALCO and Odisha Industrial Infrastructure Development Corporation (IDCO) organized a roadshow in Kolkata to promote investment opportunities at the Angul Aluminium Park. The event aimed to strengthen the downstream aluminium ecosystem and reduce India's reliance on imports.

Union Minister G. Kishan Reddy highlighted that India currently imports nearly $4 billion worth of high-finish aluminium products despite having substantial domestic capacity. He emphasized that bridging this gap through enhanced production and value addition is a key priority for the sector.

Strategic initiatives for downstream growth

The roadshow focused on Angul Aluminium Park Private Limited (AAPPL), a joint venture between NALCO and IDCO located in Anugola, Odisha. Key highlights of the initiative include:

• Hot Metal Supply: NALCO will provide 50,000 tonnes of hot metal annually at a discounted rate to investors, securing raw material supply for downstream manufacturing.
• Infrastructure: The park offers industrial land, reliable power and water supply, road connectivity, and R&D facilities.
• Investor Engagement: Over 250 representatives from the investor community and industry associations attended the event.

CMD Brijendra Pratap Singh stated that the park is envisaged as a platform to translate opportunities into industrial partnerships. Secretary Keshav Chandra emphasized the need for the sector to move beyond primary production toward high-value finished products through indigenous R&D and technology infusion.

National Aluminium Company Limited appointed five senior executives as Executive Directors on September 25, 2026. The promotions span critical operational and financial verticals, including finance, materials, production, and strategic planning.

The move complies with Regulation 30 read with Schedule-III of SEBI (LODR) Regulations, 2015. Nalco informed BSE and NSE that the individuals were promoted from their previous positions as Chief General Managers (CGM) or equivalent senior management roles within the company.

Leadership changes in key verticals

The newly appointed directors bring decades of experience across various domains of the aluminium value chain. Srimanta Panda joins the board from his role as CGM I/c (Finance), where he managed capital allocation, forex, and treasury operations. Siddhartha Das, previously CGM (Materials), oversaw strategic procurement, EXIM licensing, and vendor development.

Sanjay Gupta, who joined as General Manager (Finance) in March 2018, was promoted from CGM I/c (Finance). His prior responsibilities included financial governance, internal controls, and marketing finance. Pramath Kumar Mohanty, formerly CGM I/c (Production), led AMR projects, predictive maintenance systems, and capital project execution for smelter and carbon plant facilities.

Pranab Kumar Das, the fifth appointee, was promoted from CGM I/c (S&P). He was responsible for external stakeholder coordination, CapEx execution for plant efficiency improvements, and budgeting for capital and revenue resources.

Profiles of appointed directors

What the numbers show

The composition of the new leadership team highlights a heavy reliance on internal promotions with deep institutional knowledge. Four of the five directors joined Nalco between 1989 and 1994, indicating an average tenure of over 30 years at the time of promotion. This long-standing internal continuity contrasts with Sanjay Gupta, who joined in 2018 but rose rapidly to a senior financial role within eight years. The concentration of experience in production and finance suggests a strategic focus on operational efficiency and financial control during this leadership transition.