Addendum to BTA signed for hiving off 708.96 MW RE assets to NIRL

Strategic Transactions View source PDF Explain this filing

NLCINDIA · price

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Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹275.60

prior close

₹277.00

announcement price

After-mkt

timing

Nifty Midcap 150market-0.2%-0.6% vs market

Power Generation peers, median of 27sector+1.1%-1.9% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Midcap 150 and 1.9 pts less 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

-0.5

10m

-0.7

15m

-0.8

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-0.2-0.6+1.1-1.9

Next day

-2.1-0.7-1.4+0.3-2.3

-1.3-0.6-0.7+0.2-1.5

-1.5-1.0-0.5+0.5-2.0

-2.0-1.4-0.7-0.0-2.0

-3.9-1.6-2.3-0.7-3.2

-6.9-3.7-3.2-1.7-5.2

15d

-6.4-4.9-1.4-3.4-3.0

-8.2-6.3-1.9-4.7-3.5

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UpDownMarket · Nifty Midcap 150Sector · Power Generation peers, median of 27Pending

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

AI summary

NLC India signed an addendum to its Business Transfer Agreement with wholly owned subsidiary NLC India Renewables Limited (NIRL) on 3 Sep 2026. It will hive off 708.96 MW of Renewable Energy Assets, including a 4 MW Green Hydrogen Project, at various stages of construction and operation. In FY26, these assets contributed Rs. 41.16 Crore revenue (0.24% of total) and Rs. 925.08 Crore net worth (4.30% of Rs. 21,524.76 Crore). NIRL will pay in cash or debt acknowledgement at book value. Completion expected within 3 months.

Likely market impact

Internal restructuring to consolidate 708.96 MW RE assets under wholly owned subsidiary NIRL; minimal revenue impact at 0.24%.