NLC India Limited — Board Meeting, 10-03-2025: Outcome of Board Meeting

The Board of Directors of NLC India has announced a board meeting outcome where they approved the borrowing of External Commercial Borrowing up to USD 200 million, including a green shoe option. This move is aimed at bolstering financial resources for strategic initiatives. The decision reflects the company's commitment to strengthening its capital structure, potentially enhancing its operational capabilities. The meeting was held from 17:00 to 18:30 hours.