NLC India Ltd: Record Date for 15% Interim Dividend Set for Nov 12
NLC India Ltd announced that its Board of Directors, in a meeting held on November 4, 2026, approved the standalone and consolidated un-audited financial results for the quarter and half-year ended September 30, 2026. The Board also declared an interim dividend of 15% (₹1.5 per equity share) for FY 2026-27 and fixed November 12, 2026, as the record date for this dividend. Additionally, the company plans to raise up to ₹2,500 Crore through the issuance of bonds/debentures via private placement. Further, NLC India will set up an additional 660 MW unit at Ghatampur Thermal Power Station and is proceeding with an Offer for Sale (OFS) of up to 10 crore equity shares in its subsidiary, NLC India Renewables Limited (NIRL), as part of NIRL's proposed IPO.
Key Highlights
- Interim dividend of 15% declared, record date set for November 12, 2026.
- Board approved Q2 FY27 un-audited financial results.
- Plans to raise up to ₹2,500 Crore via bond issuance.
- Expansion project for a 660 MW unit approved.
- Proceeding with OFS of NLC India Renewables Ltd shares for IPO.
Price Impact
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