NLC India Limited appointed Sanoj Kumar Jha to the additional charge of Chairman and Managing Director for an initial period of three months effective July 1, 2026, following the superannuation of Prasanna Kumar Motupalli. The Ministry of Coal, the Administrative Ministry, entrusted the role to Jha, who is an Additional Secretary in the Ministry of Coal and a Nominee Director of NLC India Limited. This arrangement will continue until the appointment of a regular incumbent or until further orders, whichever is the earliest.

Prasanna Kumar Motupalli ceased to hold the office of Director upon attaining the age of superannuation on June 30, 2026. The transition was communicated to the stock exchanges in a regulatory filing submitted on June 30, 2026. The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Leadership Change

The company provided specific particulars regarding the cessation of the former Director's role in the filing.

Sushanta Kumar Panda, Company Secretary and Compliance Officer of NLC India Limited, signed the disclosure on behalf of the company. The filing was addressed to both the National Stock Exchange of India and BSE Ltd.

The Ministry of Coal has confirmed that the promoters of NLC India Limited did not encumber any shares, directly or indirectly, during the financial year ended March 31, 2026. This disclosure ensures that the shareholding structure remains free from pledged assets, providing stability to the company's equity base.

The confirmation was communicated via a letter dated April 07, 2026, from the Government of India, Ministry of Coal, to the listing departments of the National Stock Exchange of India Ltd. and the Bombay Stock Exchange of India Ltd. The submission was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure specifically covers the promoter of NLC India Limited along with persons acting in concert. The absence of encumbrance indicates that the promoters have not used their shareholding as collateral for borrowing purposes during the specified period.

Key Disclosure Details

The letter was signed by Pradeep Raj Nayan, Under Secretary to the Government of India. A copy of the communication was forwarded to the Chairman and Managing Director of NLC India Limited at its corporate office in Neyveli, Tamil Nadu.