NLC India Limited has submitted a regulatory disclosure under SEBI Listing Obligations and Disclosure Requirements (LODR) Regulation 30 regarding management changes.
Key Personnel Changes
- Shri M Venkatachalam, Director (Power) of the company, ceased to hold office upon attaining the age of superannuation on May 31, 2026.
- He was relieved from his duties on May 30, 2026, since May 31, 2026 was a Sunday.
- The Ministry of Coal, the Administrative Ministry, has entrusted the Additional Charge of the post of Director (Power) to Shri Rajesh Pratap Singh Sisodia, Director (Planning & Projects).
Tenure of Additional Charge
The additional charge is for an initial period of three months effective from June 1, 2026, or until whichever of the following occurs earliest:
- Appointment of a regular incumbent to the post
- Until further orders from the Ministry
Annexure Details
The annexure provides the required details under SEBI regulations:
1. Reason for change: Cessation as Director (Power) on attaining the age of superannuation
2. Date of cessation: May 31, 2026
3. Brief profile: Not applicable (NA)
4. Disclosure of relationships between directors: Not applicable (NA)
Financial Impact
No financial impact quantified in the disclosure. The change represents a management restructuring without immediate financial implications.