NLC India Limited has informed the Exchange regarding Cessation of Mrs Rani Alli G as Other of the company w.e.f. Jun 30, 2025.
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NLC India Limited has informed the stock exchanges that Shri Hariramakrishnan N and Smt. Rani Alli G ceased to be Executive Directors (classified as Senior Management Personnel) of the company with effect from June 30, 2025 (afternoon). Both departures are on account of attaining the age of superannuation, which is a planned and routine retirement event. The disclosure is made under SEBI LODR Regulation 30 read with the SEBI circular dated July 13, 2023. The company is a Navratna Government of India Enterprise, so these positions are typically held by career PSU executives whose tenure is governed by superannuation rules.
This is a routine, pre-scheduled exit due to superannuation at a PSU and is unlikely to have any material impact on the stock price. Investors should watch for announcements on the appointment of successors, as the company will need to fill these Executive Director positions.