NALCO has announced that its Board of Directors will convene a meeting on January 30, 2026, to deliberate on the payment of second interim dividend for the financial year 2025-26. The announcement was made in continuation to the company's letter dated January 19, 2026, and in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The key details of the upcoming board meeting are outlined below:

Changes in Dividend Payment Method

National Aluminium Company Limited has informed shareholders about significant changes in dividend payment procedures. Following the SEBI (Listing Obligations and Disclosure Requirements) Fifth Amendment Regulations, 2025, which was notified on November 18, 2025, the company will implement new payment mechanisms.

The major changes include:

• Electronic-only payments: The company will make dividend payments exclusively through electronic modes
• Withdrawal of physical instruments: Issuance of payable-at-par warrants and cheques for dividend payments has been discontinued
• No demand drafts: The company will not issue demand drafts against electronic remittances that are rejected for any reason

Shareholder Action Required

To ensure seamless dividend payment processing, shareholders must take specific steps to update their banking information. The company has emphasized the importance of maintaining accurate and validated bank account details.

For Electronic Holdings:

• Shareholders must ensure bank account details are updated in their demat account
• Information should be validated with the depository participant

For Physical Holdings:

• Bank account details must be updated with the Registrar and Transfer Agent
• Shareholders should verify that information is current and accurate

These measures are essential to enable seamless electronic credit of dividends and avoid any payment delays or complications. The company has stressed that without proper bank account validation, shareholders may face difficulties in receiving their dividend payments.

Corporate Information

The announcement was signed by B. K. Sahu, Company Secretary and Compliance Officer (ACS: 9953), and dated January 23, 2026. National Aluminium Company Limited operates as a Government of India Enterprise with its registered and corporate office located at Nalco Bhawan, Nayapalli, Bhubaneswar–751013, India.

NALCO has officially notified stock exchanges about its upcoming board meeting scheduled to review quarterly financial performance. The Government of India enterprise has set the date for January 30, 2026, to discuss crucial financial metrics for the recently concluded quarter.

Board Meeting Details

The company has scheduled its Board of Directors meeting for Friday, January 30, 2026, in accordance with regulatory requirements. The meeting agenda includes consideration of unaudited financial results for both standalone and consolidated operations.

Regulatory Compliance

The board meeting notification has been issued pursuant to Regulation 29 and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. These regulations mandate timely disclosure of board meetings and financial results to ensure transparency for investors and market participants.

Trading Window Restrictions

As part of standard corporate governance practices, National Aluminium Company Limited has implemented trading window restrictions during the financial results preparation period.

The trading window closure affects company insiders, including directors, key managerial personnel, and designated employees, restricting their ability to trade in company securities during this sensitive period.

Company Information

National Aluminium Company Limited operates as a Government of India enterprise with its registered and corporate office located at Nalco Bhawan, Nayapalli, Bhubaneswar. The company maintains its listing on both major Indian stock exchanges with specific trading symbols for investor identification.

The upcoming board meeting represents a crucial milestone in the company's quarterly reporting cycle, providing stakeholders with insights into operational performance and financial health for the third quarter of fiscal year 2026.