National Aluminium Company Limited has informed the Exchange regarding a press release dated September 26, 2025, titled "44th AGM of NALCO: CMD Charts future Roadmap, stresses on Innovation, Technology adoption and Clean Energy to Meet Aluminium Demand".
NATIONALUM · price
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NALCO held its 44th Annual General Meeting on September 26, 2025, with CMD Brijendra Pratap Singh addressing shareholders virtually. The CMD highlighted that NALCO achieved record-breaking financial and physical performance in FY 2024-25. He noted that India's domestic aluminium demand is projected to grow at a 7.6% CAGR till 2030, driven by electric vehicles, infrastructure development, and renewable energy. Strategic focus areas include technology adoption, shift to cleaner energy, value addition, and resilience against global disruptions. Shareholders approved a final dividend of Rs.2.50 per share (50% on face value of Rs.5), amounting to Rs.459.16 crores, taking the total FY25 dividend payout to Rs.1,928.46 crores.
Reaffirms NALCO's growth trajectory supported by strong domestic aluminium demand and a robust total dividend payout of nearly Rs.1,929 crores for FY25, which is positive for shareholders. The strategic emphasis on clean energy and technology adoption signals long-term positioning aligned with India's energy transition, potentially supportive of stock sentiment.