Board Meeting5 Sept 2026, 07:10 pm
NLC India Ltd Board Approves USD 100M ECB, Sets Dividend Record Date
AI Summary
NLC India Ltd's Board of Directors met on September 5, 2026, approving 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 September 22, 2026, as the record date for the final dividend for FY 2025-26, subject to shareholder approval. Additionally, the company announced the closure of its Register of Members and Share Transfer Books from September 23-29, 2026, for the 70th Annual General Meeting (AGM) scheduled for September 29, 2026, to be held via Video Conferencing.
Key Highlights
- Board approved USD 100 million ECB for capex.
- Record date set for FY25-26 final dividend.
- 70th AGM scheduled for September 29, 2026.
- AGM to be held via Video Conferencing.
- Share transfer books to close for AGM.
Price Impact
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