NLCINDIA

NLC India Limited received notices from BSE and NSE on 27.05.2026 for non-compliance with SEBI LODR Regulations regarding the composition of its Board of Directors and various Committees, including the failure to appoint a Women Director. BSE and NSE have imposed fines of Rs. 5,68,760/- each (including GST). NLC India has requested a waiver, citing that director appointments for a Government Company vest with the President of India and they are in communication with the Ministry of Coal. The company states the non-compliance was not due to its negligence and has no operational impact.

NLC India Renewables Limited, a wholly-owned subsidiary of NLC India Limited, has incorporated a Joint Venture Company named 'NIRL NCRTC RENEWABLES LIMITED' with National Capital Region Transport Corporation (NCRTC) on May 27, 2026. The JV, with an equity participation of 74:26, will focus on setting up Grid Connected Solar PV Power Projects.

NLC India Limited informed about the availability of the audio recording for the Institutional Investors Meet held on May 27, 2026, in Mumbai. The meet was conducted to discuss the Q4 FY 2025-26 results. The direct weblink to the audio recording has been provided.

NLC India Limited signed a Memorandum of Understanding (MoU) with IIT(ISM) TEXMIN, Dhanbad on May 26, 2026. This collaboration aims to strengthen India's critical mineral security by advancing exploration, beneficiation, and extraction technologies for critical and strategic minerals. The partnership reflects NLCIL's commitment to innovation-driven resource development and sustainable mining practices, aligning with national self-reliance initiatives.

NLC India Limited (NLCIL) has signed a Memorandum of Understanding (MoU) with Nuclear Power Corporation of India Limited (NPCIL) to form a Joint Venture (JV) for developing Nuclear Power Projects. This includes 700 MW Indigenous Pressurised Heavy Water Reactor (PHWR) based projects and investment opportunities in NPCIL's existing and upcoming 700 MW PHWR projects. The initiative aims to strengthen India's clean energy transition, support 'Viksit Bharat' and Net Zero Carbon goals, and contribute to achieving 100 GW Nuclear Power Capacity by 2047. NLCIL's CMD called it a significant milestone for strategic diversification.

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Consolidated Revenue ₹17,490 Cr vs ₹15,283 Cr (▲14.44% YoY), EBITDA ₹7,475 Cr vs ₹6,513 Cr (▲14.78% YoY), PAT ₹3,769 Cr vs ₹2,714 Cr (▲38.91% YoY). EBITDA Margin 42.74% vs 42.61% (▲13bps).

The Board of NLC India Limited approved the Standalone & Consolidated Audited Financial Results for the quarter and year ended March 31, 2026. The company recommended a final dividend of 2.50% (Rs.0.25 per equity share) for FY 2025-26. Additionally, the Board appointed M/s Dhananjay V Joshi Associates as Cost Auditors and multiple firms as Internal Auditors for FY 2026-27.

Standalone Revenue ₹2,918.33 Cr vs ₹2,723.15 Cr (▲7.2% YoY), EBITDA ₹1,481.83 Cr vs ₹1,206.08 Cr (▲22.9% YoY), PAT ₹1,243.46 Cr vs ₹656.23 Cr (▲89.5% YoY). EBITDA Margin 50.8% vs 44.3% (▲648bps). The Board also recommended a final dividend of 2.50% (Rs.0.25 per equity share) for FY 2025-26.

NLC India's Board of Directors approved the Standalone & Consolidated Audited Financial Results for Q4 and the financial year ended March 31, 2026, with an unmodified audit report. The Board also recommended a Final Dividend of 2.50% (Rs.0.25 per equity share) for FY 2025-26. Additionally, Cost and Internal Auditors were appointed for FY 2026-27.

NLC India Limited's Board noted the penalty levied by stock exchanges for non-compliance with SEBI (LODR) Regulations, 2015. The non-compliance for the quarter ended December 31, 2025, pertained to the composition of the Board of Directors, specifically the failure to appoint a women director. The Board has advised communicating with the Ministry of Coal to appoint the requisite number of Independent Directors, including a women director, to ensure future compliance and avoid further penalties.

NLC India Limited announced the promotion of Shri Kalaga Venkata Ramachandra Subbarao as an Executive Director (Senior Management Personnel) with effect from May 1st, 2026. Shri Subbarao has over 29 years of post-qualification experience across various industries including Engineering, IT, Power, and Mining, with significant contributions in financial planning, project financing, and corporate governance.

NLC India Limited informed that Shri Anandaramanujam K ceased to be an Executive Director (Senior Management Personnel) of the company on April 30, 2026, upon attaining the age of superannuation. This is a routine cessation as per company policy.

NLC India Limited secured composite licenses for Semhardih Phosphorite & Limestone Block and Raipura Phosphorite & Limestone Block in Chhattisgarh on April 24, 2026. This allows the company to carry out detailed geological exploration in these blocks, enhancing future business prospects.