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15 Years of Delivering Information on PSUs, Appointments & Governance

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15 Years of Delivering Information on PSUs, Appointments & Governance

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NLC India Limited hands over ₹360 Crore Interim Dividend to Coal & Mines Minister

By Staff Reporter
February 19, 2026 1 Min Read
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NLC India Limited (NLCIL), a Navratna PSU under the Ministry of Coal, has presented an interim dividend of ₹360 crore to the Government of India for the financial year 2025–26.

The cheque was handed over on February 18, 2026, by Chairman & Managing Director Prasanna Kumar Motupalli to Union Minister for Coal & Mines G Kishan Reddy, in the presence of Sanoj Kumar Jha, Additional Secretary, Ministry of Coal. The dividend represents the Government of India’s shareholding in the company.

Earlier, NLCIL’s Board of Directors approved an interim dividend of ₹3.60 per equity share (face value ₹10) at its meeting held on January 12, 2026. This is the highest interim dividend declared by the company in the past six years, reflecting strong financial performance, operational efficiency, and sustained growth.

The dividend payout aligns with the Government of India’s capital restructuring and dividend policies, including DIPAM guidelines for FY 2025–26. Despite undertaking an ambitious capital expenditure plan—covering mining capacity expansion, thermal efficiency improvement, and renewable energy projects such as solar and battery energy storage systems—NLCIL has maintained healthy profitability and financial discipline.

CMD Prasanna Kumar Motupalli emphasized that the company remains committed to strengthening India’s energy security while ensuring sustainable growth and enhanced stakeholder value. He credited improved operational metrics, cost optimization, and prudent capital allocation for the company’s robust financial performance.

With continued focus on renewable energy expansion, mining modernization, and operational excellence, NLC India Limited is reinforcing investor confidence and contributing to the national vision of energy independence and long-term value creation.

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