NLC India Limited has modified the record date for its interim dividend for the financial year 2025-26 due to a trading holiday declared by stock exchanges. The Navratna Government of India enterprise communicated this change to both the National Stock Exchange of India Ltd. and BSE Ltd. on January 13, 2026.

Record Date Modification Details

The company has rescheduled the record date from January 15, 2026, to Tuesday, January 20, 2026. This modification was necessitated by the trading holiday declared by both major stock exchanges on the originally scheduled date.

Regulatory Compliance

The modification was communicated under Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation governs the procedure for determining record dates for corporate actions including dividend payments.

The company's communication was addressed to both stock exchanges where NLC India shares are listed:

• NSE: Trading under scrip symbol NLCINDIA
• BSE: Trading under scrip code 513683

Dividend Payment Timeline

NLC India has assured shareholders that the interim dividend will be paid to eligible members as per statutory timelines. The record date determines which shareholders are entitled to receive the dividend payment, with only those holding shares on the record date being eligible for the distribution.

Company Information

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 secretary and compliance officer, Sushanta Kumar Panda, signed the official communication to the stock exchanges regarding this modification.

NLC India Limited, a Navratna public sector undertaking under the Ministry of Coal, has announced significant corporate developments including an interim dividend declaration and strategic subsidiary plans.

Interim Dividend Declaration

The company has declared an interim dividend of ₹3.60 per share for its shareholders. This dividend announcement reflects the company's commitment to providing returns to its investor base.

Subsidiary Stake Dilution Proposal

NLC India has also cleared a proposal to dilute its stake in a subsidiary through a public offering. This strategic move indicates the company's plans to access capital markets for its subsidiary operations.

Corporate Structure and Status

As a Navratna public sector undertaking, NLC India operates under the administrative control of the Ministry of Coal. The Navratna status provides the company with enhanced operational and financial autonomy in its business operations.

These corporate actions demonstrate NLC India's dual approach of rewarding shareholders through dividend distributions while simultaneously exploring growth opportunities through its subsidiary structure and potential public market participation.