NLC India Ltd

The President of India, through the Ministry of Coal, plans to sell up to 2.00% of NLC India Ltd's paid-up equity shares, equivalent to 2,77,32,732 shares. This Offer for Sale (OFS) will be conducted via the stock exchange mechanism. An additional 1.00% stake (1,38,66,366 shares) can be sold if oversubscribed, bringing the total potential divestment to 3.00%. The sale for non-retail investors is scheduled for June 9, 2026, and for retail investors on June 10, 2026. A separate employee offer of up to 25,000 shares is also planned.

NLC India Ltd announced that its promoter, the President of India (acting through the Ministry of Coal), plans to sell up to 3% of the company's equity shares through an Offer for Sale (OFS) on the stock exchanges. The sale will occur over two days: June 9, 2026, for non-retail investors, and June 10, 2026, for retail investors and employees. The base offer size is 2.00% (2,77,32,732 shares), with an option to sell an additional 1.00% (1,38,66,366 shares). An additional 25,000 shares may be offered to employees. This move is in line with SEBI and stock exchange guidelines for OFS.

NLC India Ltd has announced the appointment of Shri Anil Meshram, an IAS officer and Principal Secretary to the Government of Tamil Nadu's Energy Department, as a Part-time Official Director. This appointment, effective from June 3, 2026, is made by the Ministry of Coal, Government of India, replacing Shri Mangat Ram Sharma. The company has affirmed that Shri Meshram is not debarred from holding a director position by any regulatory authority. This change is in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shri M Venkatachalam, Director (Power) of NLC India Ltd, has retired and ceased to be a Director of the company, effective May 31, 2026, upon reaching superannuation age. He was relieved of his duties on May 30, 2026. The Ministry of Coal has assigned the additional charge of Director (Power) to Shri Rajesh Pratap Singh Sisodia, Director (Planning & Projects), for three months starting June 1, 2026, or until a permanent appointment is made.

Shri M Venkatachalam ceased to be Director (Power) of NLC India Ltd, effective May 31, 2026, upon reaching superannuation age. He was relieved of his duties on May 30, 2026, due to May 31 being a Sunday. Shri Rajesh Pratap Singh Sisodia, Director (Planning & Projects), has been assigned the additional charge of Director (Power) for three months starting June 1, 2026, or until a permanent appointment is made.

NLC India Limited has been fined ₹5,68,760 each by BSE and NSE, totaling ₹11,37,520, for non-compliance with SEBI (LODR) Regulations, 2015. The non-compliance relates to the composition of its Board of Directors and various committees, including the failure to appoint a Women Director. The company has requested a waiver of these fines, citing that as a Government Company, director appointments are vested with the President of India, and the Ministry of Coal is regularly apprised of the requirements. NLC India states the non-compliance was not due to its negligence and has no impact on operations beyond the financial penalty.

NLC India Renewables Limited, a wholly-owned subsidiary of NLC India Limited, has incorporated a Joint Venture Company with National Capital Region Transport Corporation (NCRTC). The new entity, named "NIRL NCRTC RENEWABLES LIMITED", was officially incorporated on May 27, 2026. This joint venture is established for the purpose of setting up Grid Connected Solar PV Power Projects. NLC India Renewables Limited holds a 74% equity participation, with NCRTC holding the remaining 26%. This collaboration aims to advance renewable energy initiatives.

NLC India Limited (NLCIL) has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (Indian School of Mines) Dhanbad -TEXMiN on May 26, 2026, at Neyveli. The collaboration aims to strengthen research and technological capabilities in critical mineral exploration, beneficiation, and extraction technologies, aligning with the national objective of ensuring long-term resource security.

NLC India Ltd and Nuclear Power Corporation of India Limited (NPCIL) have signed a Memorandum of Understanding (MoU) to form a Joint Venture (JV) for establishing nuclear power projects in India. The collaboration aims to develop 700 MW Indigenous Pressurised Heavy Water Reactor (PHWR) based Nuclear Power Projects, or other suitable power reactors. It also includes investment opportunities in NPCIL's existing and upcoming 700 MW PHWR projects through the JV. This initiative supports India's goal of achieving 100 GW Nuclear Power Capacity by 2047 and aligns with the SHANTI Bill enacted in December 2025.

NLC India Ltd reported a historic financial and physical performance for FY2025-26. The company achieved its highest-ever production/generation, with coal production at 19.14 MT and renewable energy generation at 2.26 BU. NLCIL's shares reached an all-time high of ₹336.50 per share on NSE. Group PAT rose by 38.91% to ₹3,769 Cr, and revenue from operations increased by 14.44% to ₹17,490 Cr.