NLC India Limited has announced the promotion of Shri Kalaga Venkata Ramachandra Subbarao to Executive Director (Senior Management Personnel) effective from May 1, 2026. The company has informed both the National Stock Exchange of India and BSE Limited about this senior management change in compliance with regulatory requirements.

Regulatory Compliance and Announcement

The promotion has been communicated to stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made on May 2, 2026, by Company Secretary & Compliance Officer Sushanta Kumar Panda, ensuring adherence to prescribed disclosure norms.

Executive Profile and Experience

Shri Kalaga Venkata Ramachandra Subbarao is a commerce graduate and fellow member of the Institute of Cost & Works Accountants of India. He brings more than 29 years of post-qualification experience across diverse industries including Engineering, IT, Power and Mining sectors.

Professional Expertise

Subbarao has made significant contributions in multiple areas of corporate operations:

• Financial Planning & Analysis
• Project Financing and Costing
• Pricing and Contract Management
• International Taxation
• Cost Optimisation strategies
• ERP implementation
• Corporate Governance compliances
• Regulatory compliances
• Board and Government relations

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 is listed on both NSE and BSE, trading under the symbol NLCINDIA and scrip code 513683 respectively. The appointment strengthens the company's senior management team as it continues its operations in the energy and mining sectors.

NLC India Limited has announced the cessation of Shri Anandaramanujam K as Executive Director on 30.04.2026 due to superannuation. The Navratna public sector enterprise informed stock exchanges about this senior management change in compliance with regulatory requirements.

Executive Leadership Transition

The company formally notified the National Stock Exchange of India Limited and BSE Limited about the cessation through an official communication dated 30.04.2026. Shri Anandaramanujam K ceased his role as Executive Director and Senior Management Personnel on reaching the mandatory superannuation age. The notification was issued under letter number Lr. No./Secy/Reg.30/2026 and digitally signed by Company Secretary Sushanta Kumar Panda at 18:11:07 on 30.04.2026.

Regulatory Compliance Details

The announcement was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also complies with SEBI circular no. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023. The company provided comprehensive details as required under the regulatory framework for senior management changes.

Company Information

NLC India Limited operates as a Navratna Government of India Enterprise with its registered office at No.135, EVR Periyar High Road, Kilpauk, Chennai-600 010 and corporate office in Block-1, Neyveli-607 801, Cuddalore District, Tamil Nadu. The company is celebrating its 70th anniversary with the theme "70 Years of Energizing the Nation with Sustainability." Company Secretary Sushanta Kumar Panda, who also serves as Compliance Officer, signed the regulatory filing ensuring proper compliance with stock exchange notification requirements.

The cessation represents a routine leadership transition following standard superannuation procedures for senior executives in public sector enterprises. The company continues its operations under its established management structure while managing this executive transition in accordance with corporate governance norms.