NLC India Limited has announced that its Board of Directors will meet on January 12, 2026, to consider the declaration of interim dividend for the Financial Year 2025-26. The meeting notification was issued on January 7, 2026, in compliance with regulatory requirements.

Board Meeting Details

The company has scheduled the board meeting for Monday, January 12, 2026, with the primary agenda being the consideration and approval of interim dividend declaration. The meeting details are outlined below:

Regulatory Compliance

The announcement has been made pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which requires companies to provide prior intimation to stock exchanges about board meetings. The company has formally communicated this information to both major stock exchanges where its shares are listed.

Stock Exchange Communication

NLC India has notified the relevant stock exchanges through official correspondence:

Company Information

NLC India Limited operates as a 'Navratna' Government of India Enterprise with its registered office located in Chennai and corporate office in Neyveli, Tamil Nadu. The company maintains its commitment to regulatory compliance and transparent communication with stakeholders through timely disclosures of material information.

NLC India Limited has received credit rating reaffirmation from Care Ratings Limited, as disclosed to stock exchanges on January 6, 2026. The rating agency has reviewed and reaffirmed the company's credit ratings across multiple financial instruments, maintaining strong ratings that reflect the company's financial stability.

Credit Rating Details

Care Ratings Limited has reaffirmed NLC India's credit ratings across three key categories of financial instruments. The rating reaffirmation covers a total exposure of ₹7,972 crores across bank facilities and commercial paper.

Regulatory Compliance

The rating reaffirmation was disclosed in compliance with Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. NLC India communicated this development to both the National Stock Exchange of India Limited and BSE Limited through official correspondence dated January 6, 2026.

Facility Amount Adjustment

Notably, the long-term bank facilities amount has been reduced from ₹1,650 crores to ₹1,200 crores, while maintaining the same AAA rating with stable outlook. This adjustment reflects changes in the company's financing requirements while preserving the highest credit rating category.

Company Profile

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 maintains its listing on both NSE (symbol: NLCINDIA) and BSE (scrip code: 513683), ensuring comprehensive market access for investors.

The credit rating reaffirmation by Care Ratings Limited underscores NLC India's strong financial fundamentals and creditworthiness across its various financial instruments and facilities.