nlc india issued and allotted 3000 commercial papers aggregating ₹150 crore on July 20, 2026. Each commercial paper carries a face value of ₹500,000. The issuance was disclosed to the stock exchanges under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Commercial Paper Details

The company informed the National Stock Exchange of India Ltd. and BSE Ltd. regarding the allotment. The commercial papers were issued as part of the company's short-term borrowing activities.

The disclosure was submitted by Sushanta Kumar Panda, Company Secretary & Compliance Officer of NLC India Limited.

NLC India Limited has appointed Shri Poonam Chandrakar as a Non-Official Independent Director on its Board for a term of three years. The appointment is effective from July 16, 2026, or until further orders, whichever is earlier, following a directive from the Ministry of Coal, Government of India.

The Ministry of Coal issued the appointment order via Letter No. 21/21/2022-Estt (B) dated July 15, 2026. NLC India confirmed that Shri Chandrakar is not debarred from holding the office of Director by the Securities and Exchange Board of India or any other authority. The disclosure was made to the exchanges in compliance with Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shri Poonam Chandrakar is an experienced public administrator with over two decades of expertise in governance, public administration, and policy implementation. He has held various leadership roles in public service, contributing to administrative reforms, infrastructure development, and stakeholder engagement across sectors such as power, mining, and public administration.

Director Profile

Shri Chandrakar holds a Bachelor's Degree in Arts from Kakatiya University, Warangal, and a Diploma in Marketing Management from Indira Gandhi National Open University (IGNOU). He has also completed courses in Journalism and Arogya Ratna. The company disclosed that he is not related to any of the existing directors on the Board.