National Aluminium Company Limited (NALCO), a Government of India Enterprise headquartered at Nalco Bhawan, Nayapalli, Bhubaneswar, has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 to the stock exchanges. The filing, dated 07.08.2026, was made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is signed by Company Secretary and Compliance Officer B. K. Sahu (ACS: 9953). The report also forms an integral part of the company's Annual Report for FY 2025-26, submitted to the stock exchanges vide a letter of the same date.

Third-Party Assurance by TÜV SÜD

The sustainability disclosures within the BRSR have been independently verified by TÜV SÜD South Asia Pvt. Ltd., an independent certification and testing organisation and member of the international TÜV SÜD Group. The assurance engagement was conducted between 30-06-2026 and 20-07-2026, covering selected multiple sites. TÜV SÜD has declared that there is no conflict of interest with the company. The assurance statement was issued from Bhubaneswar on 20.07.2026, signed by Prosenjit Mitra, General Manager – Verification, Validation and Audit, Management System Assurance, and Prarthana Chand, Verification Team Leader, TÜV SÜD Management System Assurance.

Sites Covered Under Assurance Assessment

The assurance process involved a sample survey and assessment of local data collection, management procedures, and control mechanisms at the following sites:

Assurance Conclusion and Scope

Based on the assessment procedures carried out and evidence collected, TÜV SÜD concluded a reasonable level of assurance on the 9 Core Attributes of the BRSR for FY 2025-26. The identified sustainability indicators are stated to be prepared in all material respects in accordance with the reporting requirements outlined in BRSR Core. The assurance scope excluded forward-looking statements, product- or service-related information, external information sources, and expert opinions.

Nine Core BRSR Attributes Covered

The BRSR report addresses the following nine core sustainability attributes, mapped to the relevant SEBI BRSR principles:

Regulatory Compliance

The submission underscores NALCO's adherence to SEBI's mandatory BRSR disclosure framework for listed entities. The report, covering environmental, social, and governance dimensions across its key operational sites in Odisha, reflects the company's structured approach to sustainability reporting for FY 2025-26.

National Aluminium Company Limited (NALCO), a Navaratna Central Public Sector Enterprise under the Ministry of Mines, Government of India, has convened its 45th Annual General Meeting (AGM) for Monday, August 31, 2026, at 11:00 AM through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company has simultaneously released its Annual Report for FY 2025-26, which highlights record-breaking financial and operational performance since inception.

Record Financial Performance in FY 2025-26

NALCO delivered its highest-ever financial results across multiple parameters in FY 2025-26. The following table summarises the key financial metrics:

The company also recorded its highest-ever EBITDA of ₹8,613 crore against the previous best of ₹7,922 crore during FY 2024-25, and Profit Before Tax of ₹7,767 crore against the previous best of ₹7,135 crore.

Highest-Ever Production and Sales Performance

NALCO achieved record production across its major business segments during FY 2025-26:

On the sales front, Total Alumina Sales reached 14.46 lakh tonnes (previous best: 13.43 lakh tonnes in FY 2013-14), Domestic Alumina Sales stood at 1.38 lakh tonnes (previous best: 0.78 lakh tonnes in FY 2021-22), and Aluminium Metal Sales were 4.74 lakh tonnes (previous best: 4.70 lakh tonnes in FY 2023-24).

Dividend and Shareholder Rewards

During FY 2025-26, the company paid interim dividend of ₹10.50 per equity share amounting to ₹1,928.46 crore in three tranches of ₹4.00, ₹4.50, and ₹2.00 per equity share. The Board has recommended a final dividend of ₹1.00 per equity share (20% on face value of ₹5.00 each), subject to shareholder approval at the 45th AGM, amounting to ₹183.66 crore.

The total dividend payout for FY 2025-26, including the recommended final dividend of ₹1.00 per equity share, is ₹2,112.12 crore against ₹1,928.46 crore during the previous year. Dividend payout as a percentage of PAT stands at 36.32% for the current financial year against 36.21% in the previous financial year.

AGM Agenda and Key Resolutions

The 45th AGM will transact the following business:

Ordinary Business:

• Adoption of audited standalone and consolidated financial statements for FY 2025-26
• Confirmation of 1st, 2nd, and 3rd Interim dividends and declaration of final dividend
• Re-appointment of Shri Jagdish Arora, Director (Projects & Technical), who retires by rotation

Special Business:

• Appointment of Shri Anil Kumar Singh (DIN: 11466071) as Director (Commercial), effective January 7, 2026
• Appointment of Dr. Veena Kumari Dermal (DIN: 08890469) as Part-time Official Director, effective May 4, 2026
• Ratification of remuneration of Cost Auditors for FY ending March 31, 2027: ₹3.50 lakhs plus applicable GST to M/s. Tanmaya S. Pradhan & Co. (Lead Cost Auditor) and ₹3.00 lakhs plus applicable GST to M/s. S. Dhal & Co.

Key AGM Dates and E-Voting Schedule

Expansion Projects and Strategic Initiatives

NALCO is actively pursuing capacity expansion across its business segments. The 5th Stream Alumina Refinery Expansion at Damanjodi, with a projected expenditure of ₹5,677.4 crore, is in the final stages of completion with phase-wise trial and testing commenced from June 2026. This expansion will enhance refinery capacity from 21 lakh tonnes to 31 lakh tonnes per annum. Alternate sourcing of Bauxite from Panchpatmali Mines South Block is progressing with an estimated capital outlay of ₹496 crore, with approximately 93% physical progress completed as of May 31, 2026.

The company has also entered into a Joint Venture agreement with NLCIL on a 50:50 equity basis for development of a 4×270 MW (1,080 MW) Thermal Captive Power Plant at Anugola, Odisha, to meet the power requirements of the planned 0.5 MTPA Aluminium Smelter Expansion Project. Additionally, a 15 MW Wind Power Project at Kayathar, Tamil Nadu, is under installation at a capital expenditure of ₹120 crore.

CSR and Sustainability Highlights

During FY 2025-26, NALCO spent ₹80.77 crore on CSR initiatives against the mandated obligation of ₹79.13 crore. Key programmes include Indradhanush (residential education for 708 tribal students), NALCO Ki Ladli (financial assistance to 308 meritorious girl students), and operation of 09 Mobile Health Units providing healthcare to over 1.30 lakh people in more than 210 periphery villages. Procurement from MSEs stood at ₹1,447.94 crore, representing 61.56% of the company's total eligible procurement, significantly exceeding the mandated target of 25%.

The company's standalone capital expenditure for FY 2025-26 stood at ₹2,068.16 crore, while on a consolidated basis, including capitalisation by joint venture companies, CAPEX stood at ₹2,071.78 crore. The AGM notice and Annual Report for FY 2025-26 are available on the company's website at www.nalcoindia.com .