Joint Venture1 Jan 2026, 08:31 pm
NLC India Ltd Transfers 7 Renewable Energy Assets to Subsidiary NIRL
AI Summary
NLC India Ltd has transferred its 7 Renewable Energy Assets to NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited. The transfer was effected on 1st January, 2026, in terms of the Business Transfer Agreement executed between the Company and NIRL on 31st October, 2025. This information is provided in accordance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- NLC India Ltd transfers 7 Renewable Energy Assets to its subsidiary NIRL
- The transfer was effected on 1st January, 2026
- The transfer was done in terms of the Business Transfer Agreement executed on 31st October, 2025
- NIRL is a wholly owned subsidiary of NLC India Limited
- The disclosure is made in accordance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015