NLC India Limited's Board of Directors, in a meeting held on January 12, 2026, has approved several key decisions. The board granted in-principle approval for the listing of its wholly-owned subsidiary, NLC India Renewables Limited (NIRL), through a public offer to dilute up to 25% equity. This move aligns with the Government of India's National Monetisation Pipeline targets and is subject to requisite regulatory approvals.

Furthermore, the board declared an interim dividend of 36%, amounting to ₹3.60 per equity share of ₹10 face value, for the Financial Year 2025-26. The record date for this interim dividend has been fixed as January 16, 2026, with payment to be made as per statutory timelines.

In a strategic move to fuel green energy initiatives, the company also received in-principle approval to invest up to ₹66.60 Crore in NIRL. This investment, to be made in tranches via equity share subscription at face value, will fund green energy projects to be executed through Joint Venture Companies. The board meeting commenced at 15:00 hours and concluded at 16:20 hours.