NLC India Limited has informed the Exchange that Record date for the purpose of Dividend is 16-Jan-2026.
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NLC India Limited's board met on January 12, 2026 and approved several key items. First, an interim dividend of 36% (Rs. 3.60 per equity share on face value of Rs. 10) has been declared for FY 2025-26, with the record date fixed as January 16, 2026. Second, the board gave in-principle approval for listing of its wholly owned subsidiary NLC India Renewables Limited (NIRL) through dilution of up to 25% equity stake via a public offer, aligning with the Government of India's National Monetisation Pipeline targets. Third, the board approved an investment of up to Rs. 66.60 crore in NIRL to fund green energy projects executed through joint ventures. The dividend will be paid to eligible shareholders as per statutory timelines.
Shareholders holding shares as of January 16, 2026 will receive an interim dividend of Rs. 3.60 per share, providing a meaningful income boost. The proposed listing of the renewables subsidiary could unlock value and bring fresh capital, while the green energy investment signals a strategic push toward renewable energy. Overall, these announcements are positive for investors, combining near-term cash returns with long-term growth initiatives.