NLC India Approves $100M ECB, Sets Dividend Record Date

NLC India Ltd's Board of Directors, in a meeting held on September 5, 2026, approved several key decisions. These include securing an unsecured External Commercial Borrowing (ECB) of USD 100 million from Punjab National Bank for capital expenditure on thermal, mining, and diversification projects. The board also fixed Tuesday, September 22, 2026, as the record date for determining shareholders eligible for the final dividend for FY 2025-26, subject to shareholder approval. Additionally, the company will close its Register of Members and Share Transfer Books from September 23 to September 29, 2026, for the 70th Annual General Meeting (AGM). The 70th AGM is scheduled for September 29, 2026, to be conducted via Video Conferencing.