NLCINDIANSENLC India LimitedMediumNeutral
Announced Sat, 2 May · 17:43 IST

NLC India Limited has informed the Exchange regarding Appointment of Mr Kalaga Venkata Ramachandra Subbarao as Other of the company w.e.f. May 01, 2026.

Management Changes View source PDF

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₹316.20
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AI summary

NLC India Limited has announced the promotion of Shri Kalaga Venkata Ramachandra Subbarao to the position of Executive Director (Senior Management Personnel), effective May 1, 2026. This is a departmental promotion within the company, not an external hire. Subbarao is a commerce graduate and fellow member of the Institute of Cost & Works Accountants of India. He brings over 29 years of post-qualification experience across Engineering, IT, Power, and Mining sectors, with expertise in Financial Planning & Analysis, Project Financing, Costing, Pricing, Contract Management, International Taxation, ERP implementation, and Corporate Governance compliances.

Likely market impact

This appointment reflects routine succession planning within NLC India's senior management. As an internal promotion, it carries neutral implications for shareholders and is unlikely to have any material impact on the company's stock performance.