Meeting Details

  • Meeting Date: Tuesday, 29th September, 2026
  • Meeting Time: 15:00 Hours (IST)
  • Meeting Type: 70th Annual General Meeting
  • Meeting Format: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Deemed Venue: Registered Office of the Company at No.135, EVR Periyar High Road, Kilpauk, Chennai-600 010

Record Date and Share Transfer Book Closure

  • Record Date/Cut-Off Date: Tuesday, 22nd September, 2026
  • Register of Members/Share Transfer Books Closure: Wednesday, 23rd September, 2026 to Tuesday, 29th September, 2026 (both days inclusive)

Proposed Resolutions and Implications

Ordinary Business

1. Adoption of Financial Statements: To receive, consider, and adopt the Standalone and Consolidated Audited Financial Statements for the financial year ended 31st March, 2026, along with reports from the Board of Directors, Statutory Auditors, and comments from the Comptroller and Auditor General of India.

2. Declaration of Dividend: To confirm an Interim Dividend of ₹3.6 per equity share (36%) and declare a Final Dividend of ₹0.25 per equity share (2.5%), aggregating to ₹3.85 per equity share (38.5%) on the paid-up share capital of ₹13,86,63,66,090.

3. Re-appointment of Director: Re-appointment of Dr. Prasanna Kumar Acharya (DIN: 09625170), who retires by rotation.

4. Re-appointment of Director: Re-appointment of Dr. Suresh Chandra Suman (DIN: 09549424), who retires by rotation.

Special Business

5. Appointment of Director: Appointment of Shri Rajesh Pratap Singh Sisodia (DIN: 10224070) as Director (Projects and Planning), effective 02.12.2025, until his superannuation on 31st May, 2028.

6. Appointment of Government Nominee Director: Appointment of Shri Anil Meshram (DIN: 06632929), IAS, Principal Secretary to the Government of Tamil Nadu, Energy Department, as a Government Nominee Director.

7. Appointment of Government Nominee Director: Appointment of Shri Gopal Singh (DIN: 11815925), Joint Secretary, Ministry of Coal, as a Government Nominee Director.

8. Appointment of Independent Director: Appointment of Shri Poonam Chandrakar (DIN: 11748295) as an Independent Director for a term of three years from 16.07.2026.

9. Sale of Renewable Energy Assets: Approval for the sale/transfer of 2,138.96 MW of Renewable Energy Assets (1,783.96 MW operational; 355 MW under construction) to wholly-owned subsidiary NLC India Renewables Limited (NIRL) for a total consideration of ₹3,439.60 Crore (₹2,419.24 Crore for 1,430 MW and an estimated ₹1,020.36 Crore for 708.96 MW, subject to auditor certification).

10. Ratification of Cost Auditor Remuneration: Ratification of remuneration fixed at ₹6,00,000 plus applicable taxes and reimbursements to Dhananjay V Joshi Associates, Cost Accountants, for the financial year 2026-27.

Voting Process and Methods

  • Remote E-Voting Period: Commences at 09:00 Hours (IST) on Friday, 25th September, 2026 and ends at 17:00 Hours (IST) on Monday, 28th September, 2026.
  • E-Voting Service Provider: National Securities Depository Limited (NSDL)
  • Cut-Off Date for E-Voting Entitlement: Tuesday, 22nd September, 2026
  • Voting Methods: Remote e-voting prior to the meeting and e-voting during the AGM for those who have not voted remotely.
  • Scrutinizer: M/s. D. Hanumanta Raju & Co., Practising Company Secretaries, Hyderabad appointed to scrutinize the remote e-voting and meeting e-voting process.

Key Voting Outcomes

  • The notice is for convening the meeting; therefore, specific voting results (total votes cast, percentage in favor/against, category-wise participation) are not yet available and will be determined at the meeting.

Compliance with Laws and Regulations

The notice confirms compliance with:

  • Section 91 and 108 of the Companies Act, 2013
  • Regulation 42 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Ministry of Corporate Affairs General Circulars permitting VC/OAVM meetings
  • SEBI Circular dated October 3, 2024

Additional Financial and Procedural Information

  • Dividend Payment: Final dividend, if declared, will be paid within 30 days from the AGM date to members on the record date.
  • Unclaimed Dividend/Shares: Information on unclaimed dividends and shares due for transfer to the Investor Education and Protection Fund (IEPF) is available on the company's website.
  • Statutory Auditors Remuneration: For FY 2025-26, the Board fixed a fee of ₹50,00,000 (excluding taxes) for Statutory Auditors. For FY 2026-27, auditors are yet to be appointed by the C&AG.
  • RTA Details: Integrated Registry Management Services Pvt Ltd. is the Registrar and Share Transfer Agent.
  • Green Initiative: Documents are being sent electronically to members with registered email IDs; physical copies available on request.