MoneyWorks4Me

NLC India informs about outcome of board meeting

29 Oct 2025 Evaluate
NLC India has informed that the Board of Directors at their meeting held on Wednesday, 29th October, 2025 have, considered and approved the following: The Standalone & Consolidated Unaudited Financial Results of the Company for the quarter and half year ended 30th September, 2025. The copy of the Un-Audited Financial Results along with the Limited Review Report given by the Joint Statutory Auditors of the Company on the Unaudited Financial Results and other required disclosures are enclosed herewith as Annexure-I. The Un-Audited Financial Results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors of the Company, at their respective meetings held on 29th October, 2025; In-principle approval to invest upto Rs. 666 Crore in one or more tranches in NLC India Renewables (NIRL), Wholly Owned Subsidiary of the Company, by way of subscription to Equity shares at face value, for funding the Green Energy Projects, to be executed through Joint Venture Companies.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
NTPC 324.00
Tata Power 374.80
Adani Power 209.00
Power Grid Corpn. 270.00
Adani Energy Solut. 1415.00
View more..