NLC India Ltd

NLC India announced that 6,000 Nos. of commercial paper of a face value of Rs 5,00,000/- each, aggregating to Rs 300 crore (Rs 250 crore and Rs 50 crore) have been issued and allotted on 20 February 2026.Powered by Capital Market - Live

NLC India will hold a meeting of the Board of Directors of the Company on 10 February 2026.Powered by Capital Market - Live

NLC India Ltd is up for a third straight session in a row. The stock is quoting at Rs 262.1, up 4.21% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 25723.35. The Sensex is at 83606.72, down 0.16%. NLC India Ltd has dropped around 2.93% in last one month. Meanwhile, Nifty Energy index of which NLC India Ltd is a constituent, has dropped around 0.65% in last one month and is currently quoting at 35657.55, up 1.76% on the day. The volume in the stock stood at 23.51 lakh shares today, compared to the daily average of 18.1 lakh shares in last one month.The PE of the stock is 18.19 based on TTM earnings ending September 25.Powered by Capital Market - Live

The non-binding MoU envisages the development of solar, wind, hybrid and battery energy storage (BESS) projects, with an aggregate investment potential of approximately Rs 25,000 crore and generation of substantial employment opportunities. The proposed projects shall be developed through the company's wholly owned subsidiary, NLC India Renewables (NIRL). The strategic collaboration aligns with the NLC India's corporate plan to achieve 10 GW of renewable energy capacity by 2030. Meanwhile, the company's board approved the listing of NLC India Renewables (NIRL), in line with the Government of India's National Monetisation Pipeline targets. The listing will be carried through dilution of equity stake up to 25% in one or more tranches through public offer. NLC India is a public sector undertaking that is involved in lignite mining, coal mining, power generation and power trading. Government of India held 72.20% stake in the company as on 30 September 2025. The company's consolidated net profit declined 27.1% to Rs 665.12 crore despite 14.2% jump in net sales to Rs 4,178.41 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

The proposed listing of NIRL will carried out through dilution of up to 25% equity stake in one or more tranches through Public Offer, subject to obtaining requisite approvals from the competent authorities. The said in-principle approval shall be communicated to the Ministry of Coal for onward submission to the Department of Investment and Public Asset Management (DIPAM) for approval. In addition, the board approved an investment of up to Rs 66.60 crore in one or more tranches in NIRL, by way of subscription to equity shares at face value The funds will be utilised for financing green energy projects to be executed through joint venture companies. The company's board declared of interim dividend of Rs 3.60 per equity share on the face value of paid-up equity shares of Rs 10 each for FY26. The record date for determining eligible shareholders has been fixed as 16 January 2026. NLC India is a public sector undertaking that is involved in lignite mining, coal mining, power generation and power trading. Government of India held 72.20% stake in the company as on 30 June 2025. The company's consolidated net profit declined 27.1% to Rs 665.12 crore despite 14.2% jump in net sales to Rs 4,178.41 crore in Q2 FY26 over Q2 FY25. Powered by Capital Market - Live

NLC India announced that the Board of Directors of the Company at its meeting held on 12 January 2026, inter alia, have recommended the interim dividend of Rs 3.6 per equity Share (i.e. 36%) , subject to the approval of the shareholders.Powered by Capital Market - Live

The board of NLC India at its meeting held on 12 January 2026 has approved in-principle to invest upto Rs. 66.60 crore in one or more tranches in NLC India Renewables (NIRL), Wholly Owned Subsidiary of the Company, by way of subscription to Equity shares at face value, subject to necessary statutory approvals, if any, as and when required, for funding the Green Energy Projects, to be executed through Joint Venture Companies. Powered by Capital Market - Live

The board of NLC India at its meeting held on 12 January 2026 has accorded in-principle approval for listing of NLC India Renewables (NIRL), a wholly owned subsidiary of NLC India, in line with the National Monetisation Pipeline targets of the Government of India, through dilution of equity stake up to 25% in one or more tranches through Public Offer, subject to obtaining requisite approvals from the competent authority(ies). The said in-principle approval shall be communicated to the Ministry of Coal for onward submission to the Department of Investment and Public Asset Management (DIPAM) for approval. Powered by Capital Market - Live

NLC India has fixed 16 January 2026 as record date for the purpose of ascertaining the members entitled for interim dividend of Rs 3.60 per share for the FY 2025-26.Powered by Capital Market - Live

NLC India will hold a meeting of the Board of Directors of the Company on 12 January 2026.Powered by Capital Market - Live