NLC India Board Approves Interim Dividend, ₹2,500 Cr Bond Issuance, and NIRL IPO Plans

NLC India's Board of Directors has approved the unaudited financial results for the quarter and half-year ended September 30, 2026. A key decision was the declaration of an interim dividend of 15% (₹1.5 per equity share) for FY 2026-27, with November 12, 2026, set as the record date. The company also plans to raise up to ₹2,500 Crore through the issuance of bonds in the nature of debentures via private placement, to be listed on BSE and NSE. Furthermore, NLC India will proceed with setting up an additional 660 MW unit as an expansion project at Ghatampur Thermal Power Station. In a significant move towards its Initial Public Offering (IPO), the company will undertake an Offer for Sale (OFS) of up to 10 Crore equity shares of its wholly-owned subsidiary, NLC India Renewables Limited (NIRL).