The Company has achieved 22.12% growth in Lignite production during Q1 of FY 2024-25 i.e. 61.72 LT produced when compared to Q1 of FY 2023-24 i.e. 50.54 LT. The Company has raised its Coal production to 28.46 LT which is 5.27% growth during Ql of FY 2024-25 when compared to Q1 of FY 2023-24 i.e. 21.04 LT. The Company has raised its Lignite and Coal production to 90.18 LT which is .98% growth during Q1 of FY 2024-25 when compared to Qlof FY 2023-24 i.e. 71.58 LT. The Company`s Gross Power Generation increased to 7,553.62 MU which is il.0.38% more than Q1 of FY 2023-24 i.e. 6,843.09 MU. This includes Renewable Power Generation of 546.63 MU as against 539.28 MU of Q1 of FY 2023-24.Market capitalisation increased by 5.28% i.e. from Rs.228.10 price per share to Rs. 240.15 per share.Powered by Capital Market - Live News

NLC India announced that CRISIL has reaffirmed the credit ratings of the company as under:Bank loan facilities (Rs 6542.80 crore) - CRISIL AAA/ Stable Non convertible debentures (Rs 3000 crore) - CRISIL AAA/ Stable Powered by Capital Market - Live News

The Board of NLC India at its meeting held on 10 June 2024 has approved the following:i. To raise foreign currency loan through External Commercial Borrowings (ECB) in any foreign currency as per business requirement to the extent of 600 Million USD through Direct route, subject to RBI guidelines. ii. To seek external assistance from Multilateral Development Bank (MDBs) through Department of Economic Affairs (DEA) for upcoming Renewable Power Projects. iii. To appoint M/s. D. Hanumanta Raju & Co., Practising Company Secretaries (Pear Review No. 699/2020) as a Secretarial Auditor of the Company for the Financial Year 2024-25. iv. To issue of Corporate Guarantee or Letter of Comfort to NLC India Green Energy, Wholly Owned Subsidiary and Neyveli Uttar Pradesh Power, Material Subsidiary of the Company based on the requirement. v. In-principle approval to invest up to Rs. 994.50 crore, in one or more tranches in NLC India Renewables, Wholly Owned Subsidiary of the Company by way of subscribing the Equity Shares at Face Value subject to the necessary approvals of DIPAM/MoC etc. Powered by Capital Market - Live News

NLC India will hold a meeting of the Board of Directors of the Company on 10 June 2024.Powered by Capital Market - Live News

NLC India announced that the Board of Directors of the Company at its meeting held on 15 May 2024, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders.Powered by Capital Market - Live News