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, at Bhubaneswar, with CMD Brijendra Pratap Singh addressing shareholders virtually. He highlighted that the company achieved record-breaking financial and physical performance in FY 2024-25. Singh projected that India's domestic aluminium demand will grow at a strong CAGR of 7.6% till 2030, driven mainly by electric vehicles, infrastructure development, and the renewable energy sector. He emphasized the need for accelerated technology adoption, cleaner energy, and greater value addition to capitalize on these opportunities. Shareholders approved a final dividend of Rs. 2.50 per share (50% on face value of Rs. 5), amounting to Rs. 459.16 crore, taking the total dividend payout for FY 2024-25 to Rs. 1,928.46 crore.
Positive for shareholders — the announcement reinforces confidence with a record performance recap and a substantial total dividend payout of nearly Rs. 1,929 crore for FY25, while the focus on EVs, renewables, and clean energy signals growth alignment with India's future demand drivers.