NLC India Limited's Board of Directors has approved significant financial decisions including an interim dividend declaration and strategic investments in renewable energy projects during their meeting held on January 12, 2026.

Interim Dividend Declaration

The board declared an interim dividend of 36% for the Financial Year 2025-26, translating to ₹3.60 per equity share on the face value of ₹10.00 each. The company has fixed January 16, 2026, as the record date for determining eligible shareholders for the interim dividend payment.

Investment in Renewable Energy Subsidiary

The board granted in-principle approval to invest up to ₹66.60 crore in NLC India Renewables Limited (NIRL), the company's wholly owned subsidiary. This investment will be made through subscription to equity shares at face value in one or more tranches, subject to necessary statutory approvals.

Strategic Listing Approval

The board also approved in-principle the listing of NIRL in line with the National Monetisation Pipeline targets of the Government of India. The listing would involve dilution of equity stake up to 25% in one or more tranches through a Public Offer, subject to obtaining requisite approvals from competent authorities.

The approval will be communicated to the Ministry of Coal for onward submission to the Department of Investment and Public Asset Management (DIPAM) for final approval. This move aligns with the government's strategic disinvestment and monetisation objectives.

Meeting Details and Compliance

The board meeting commenced at 15:00 hours and concluded at 16:20 hours on January 12, 2026. All decisions were made in compliance with Regulation 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that the interim dividend will be paid to eligible shareholders as per statutory timelines, and all necessary regulatory disclosures have been made to both NSE and BSE where the company's shares are listed under the symbol NLCINDIA and scrip code 513683 respectively.

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.