NLC India Limited has announced a key leadership change with the cessation of Executive Director Shri Hemant Kumar on March 31, 2026, following his superannuation. The company formally notified both the National Stock Exchange of India and BSE Limited about this senior management personnel change as mandated under regulatory requirements.

Regulatory Compliance and Notification

The company issued the intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full compliance with disclosure norms. The notification was signed by Company Secretary & Compliance Officer Sushanta Kumar Panda and dispatched to both stock exchanges on March 31, 2026.

Executive Transition Details

The cessation details as per SEBI regulatory requirements are presented below:

Company Background

NLC India Limited operates as a Navratna Government of India Enterprise with its registered office in Chennai and corporate office in Neyveli, Tamil Nadu. The company has been serving the nation's energy sector for over 70 years, focusing on creating wealth for wellbeing through sustainable energy solutions.

Stock Exchange Communication

The formal communication was addressed to both major stock exchanges where the company's shares are listed. The notification included all prescribed details under SEBI regulations, ensuring transparency in corporate governance and senior management changes for investor awareness.

NLC India Limited has announced the commencement of coal production at its Pachwara South Open Cast Project on March 29, 2026. The milestone marks a significant development for the company's joint venture operations in Jharkhand and secures fuel supply for a major thermal power generation facility.

Joint Venture Structure and Project Background

The Pachwara South Coal Block is operated by Neyveli Uttar Pradesh Power Limited (NUPPL), a joint venture between NLC India Limited and U.P. Rajya Viduyt Utpadan Nigam Limited. The partnership maintains an equity shareholding ratio of 51:49 respectively, with NLC India holding the majority stake.

Coal Block Specifications and Capacity

The Pachwara South Coal Block represents a substantial resource base for the joint venture's operations. The block, which was previously unexplored, underwent comprehensive exploration by NUPPL through detailed drilling across the entire area.

Power Plant Integration and Fuel Supply

The coal production commencement follows a structured operational timeline that began with overburden removal activities. The project's primary purpose is to supply fuel for NUPPL's thermal power generation facility, ensuring integrated operations from mining to power generation.

The coal extracted from this block will meet the fuel requirements of the 3 x 660 MW Ghatampur Thermal Power Plant being established at Ghatampur, Uttar Pradesh. This integrated approach ensures a reliable fuel supply chain for the power generation facility, supporting the company's vertical integration strategy.

Regulatory Compliance and Disclosure

NLC India Limited made this announcement in compliance with Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was simultaneously communicated to both the National Stock Exchange of India Limited and BSE Limited, maintaining transparency with stakeholders and regulatory authorities.