PTC India Limited has incorporated a joint venture company, NIRL PTC Renewables Limited, in partnership with NLC India Renewables Limited to develop green energy projects. The entity received its certificate of incorporation from the Ministry of Corporate Affairs on September 16, 2026.

The joint venture aims to collaborate and explore opportunities in the renewable energy sector. The structure involves a 74% shareholding by NLC India Renewables Limited and a 26% stake held by PTC India Limited.

Transaction Details

PTC India Limited subscribed to 26,000 equity shares at a face value of ₹10 per share. The consideration for the subscription was paid in cash. The company obtained prior approval from the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Government of India, before incorporating the entity.

Regulatory Compliance

The disclosure is made in terms of Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. This follows earlier intimations issued by the company on November 11, 2025, and December 13, 2025. The joint venture agreement is subject to other approvals as may be required under applicable laws and regulations.

PTC India Limited has filed its annual report for the financial year 2025-26 along with the notice for its 27th Annual General Meeting. The meeting is scheduled for September 30, 2026.

The company, formerly known as Power Trading Corporation of India Limited, disclosed the filing in a communication to stock exchanges on September 2, 2026. This follows an earlier announcement on August 18, 2026, regarding the AGM schedule.

AGM and Dividend Details

The Board of Directors had previously recommended a final dividend of ₹5.50 per equity share for FY26 during its meeting on May 19, 2026. The dividend is subject to tax deducted at source if declared at the AGM.

Shareholders holding shares as on the cut-off date of September 23, 2026, are eligible to vote. Dividend payments will be made electronically, requiring shareholders to update their KYC details.

E-Voting Schedule

Remote e-voting will commence on September 27, 2026, at 9:00 am and conclude on September 29, 2026, at 5:00 pm. National Securities Depository Limited (NSDL) is providing the electronic voting facility. Members can also vote during the AGM on September 30. The register of members and share transfer books will remain closed from September 24 to September 30, 2026.

Regulatory Compliance

Pursuant to Regulation 30 and Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company sent the annual report via email to members with registered email addresses. In accordance with Regulation 36(1)(b), the company is sending letters with web-links to shareholders without registered emails. The documents are also available on the company website.