NTPC Limited has incorporated a wholly owned subsidiary, NTPC (Mauritius) Energy Limited, on June 26, 2026, to develop floating solar and battery storage projects in Mauritius. The new entity will undertake the development of a proposed Floating Solar Photovoltaic (FSPV) Project with Battery Energy Storage System (BESS) and other power sector businesses in the region. This strategic expansion aligns with the company's objective to grow its renewable energy footprint internationally.

The subsidiary has been established with a capital of MUR 1,000,000, which is approximately INR 19,80,000 based on an exchange rate of 1.98. NTPC holds 100% of the shareholding in the newly incorporated entity, subscribing to the shares in cash. The incorporation follows a previous disclosure made on December 23, 2025, and complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

NTPC (Mauritius) Energy Limited is classified under the power generation industry. As a newly incorporated entity, it does not have a turnover history. The company has secured or is in the process of securing necessary approvals from the Ministry of Power, DIPAM, and the Registrar of Companies in Mauritius to facilitate its operations.

Key Details of NTPC (Mauritius) Energy Limited

NTPC Ltd has closed its trading window for insiders effective July 1, 2026, to prevent potential insider trading ahead of its financial results for the quarter ending June 30, 2026. The window will remain shut until 48 hours after the declaration of the Q1FY26 results. This measure is crucial for maintaining market integrity and ensuring that no insider trades occur while unpublished price-sensitive information is in possession of designated personnel.

The decision aligns with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and Clause 9 of the Company's Code for Prevention of Insider Trading. The specific date for the Board Meeting, where the financial results will be considered, has not yet been announced and will be communicated in due course.

The closure restricts all designated persons and insiders from dealing in the securities of the company during the specified period. This standard practice is enforced during the time surrounding financial announcements to safeguard the interests of investors and uphold transparency in the securities market.