NLC India Limited — Dividend/Bonus, 03-02-2025: Dividend

The Board of NLC India Limited has declared an interim dividend of 15% (Rs. 1.50 per equity share) for the fiscal year 2024-25. The record date for determining eligible shareholders is set for 7th February 2025, with dividend payments scheduled on or before 4th March 2025. Additionally, the company has announced plans to invest up to Rs. 1,110 crore as equity in a joint venture with Rajasthan Rajya Vidyut Utpadan Nigam Limited for a lignite-based thermal power plant and mining operations in Rajasthan. This investment signifies a strategic move to expand its footprint in power generation.