NLC India Limited has submitted to the exchanges a disclosure confirming that its promoter — the Government of India, Ministry of Coal — did not encumber any shares during the financial year ended March 31, 2026. The disclosure was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The communication, dated April 7, 2026, was signed by Pradeep Raj Nayan, Under Secretary to the Government of India. It confirms that the promoter, along with persons acting in concert (PAC), has not created any pledge or encumbrance on NLC India Limited shares, directly or indirectly, in the reporting period.
The filing was submitted to both the National Stock Exchange of India and the BSE. The company secretary and compliance officer of NLC India Limited forwarded the promoter disclosure to the stock exchanges as required under the takeover code.
Regulation 31(4) mandates that listed companies disclose any encumbrance created by promoters on their holdings. A clean disclosure of zero encumbrance indicates that no promoter shares were pledged for any credit or security facility during the year.
NLC India Limited, a Navratna central public sector enterprise under the Ministry of Coal, is engaged in lignite mining and power generation. The company is headquartered in Chennai and listed on both major Indian stock exchanges.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.