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NLCINDIANSENLC INDIA LIMITED· PowerCriticalNeutral
Announced Thu, 17 Sept, 2026 · 21:18 IST

NLC India appoints Dr Prasanna Kumar Acharya as new CMD

CEO resignedCFO resignedManagement Changes View source PDFExplain this filing

NLCINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+2.2%Reaction day
₹262.40
prior close
₹264.20
announcement price
After-mkt
timing
Nifty Midcap 150market+1.5%+0.7% vs market
Power Generation peers, median of 28sector+0.7%+1.5% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Midcap 150 and 1.5 pts more than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.2
10m
+0.1
15m
-0.4
30m
-0.3
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+2.2+1.5+0.7+0.7+1.5
Next day
+1.8+1.1+0.7+1.1+0.8
2d
+1.8+1.0+0.8+0.4+1.3
3d
+2.0+1.6+0.4+1.3+0.7
4d
+0.6-0.4+1.0-0.0+0.6
5d
-0.1-0.6+0.5-0.1-0.0
1w
-2.5-3.2+0.7-1.8-0.7
15d
-7.0-4.2-2.8-4.6-2.4
1m
-7.1-4.7-2.3-5.5-1.6
2m
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3m
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UpDownMarket · Nifty Midcap 150Sector · Power Generation peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NLC India has appointed Dr Prasanna Kumar Acharya as the new Chairman and Managing Director (CMD) for five years effective September 17, 2026, with approval from the President of India through the Ministry of Coal. He was previously Director (Finance) and CFO at the company. He takes over from Mr Sanoj Kumar Jha, who was holding additional charge as CMD and has now handed over responsibilities. Dr Acharya brings nearly three decades of experience across power, mining, and infrastructure sectors including roles at GRIDCO, NTPC, and Tata Power.

Likely market impact

Smooth leadership transition with internal appointee taking over CMD role. The CFO position is now vacant. Strategic continuity expected.