NLC India Limited has announced the promotion of Shri Pankaj Kumar to Executive Director (Senior Management Personnel), effective from April 1, 2026. The company informed stock exchanges about this senior management change in compliance with SEBI regulations.

Promotion Details

The promotion represents a departmental advancement within NLC India's organizational structure. According to the regulatory filing, the appointment follows the company's extant policy guidelines for executive promotions.

Professional Background

Pankaj Kumar brings extensive experience in human resources management to his new role. His educational qualifications include a Master's in Personnel Management & IR from Jiwaji University, Advanced HRM certification from IIM Ahmedabad, and a PG Programme in Digital HR & People Analytics from XLRI Jamshedpur.

With over 28 years of experience across public sector and multinational organizations, Kumar has developed expertise in several key areas:

• Succession planning and large-scale hiring
• Diversity, Equity & Inclusion (DEI) aligned with ESG principles
• Workday analytics for data-driven HR decisions
• Enterprise-wide HR strategy development

Previous Experience

Before his tenure at NLC India Limited, Kumar spent 13 years leading the Corporate HR division at LG Electronics India. During this period, he gained comprehensive exposure to global HR practices, matrixed organizational structures, and cross-border people strategies while ensuring alignment of India operations with global standards.

At LG Electronics, his responsibilities included:

• Large-scale organizational transformation initiatives
• Organizational redesign and talent reviews
• Global mobility programs
• Future-of-work initiatives
• Fostering high-performance organizational culture

Current Role at NLC India

In his current capacity at NLC India Limited, Kumar has been instrumental in leading enterprise-wide HR strategy. His role involves advising the C-suite on critical people-related matters including workforce planning, organizational design, talent management, and cultural transformation initiatives.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information as prescribed under SEBI circular SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023, ensuring full regulatory compliance for this senior management appointment.

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.