NLC India Limited has disclosed the incorporation of a joint venture company by its wholly owned subsidiary, NLC India Renewables Limited. The joint venture has been formed with National Capital Region Transport Corporation (NCRTC) under the name "NIRL NCRTC RENEWABLES LIMITED".
The primary purpose of this joint venture is for setting up Grid Connected Solar PV Power Projects. The equity participation structure is defined as 74:26, though the disclosure does not specify which entity holds which percentage.
The Ministry of Corporate Affairs issued the Certificate of Incorporation for this joint venture company on May 27, 2026. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The document was signed by Sushanta Kumar Panda, Company Secretary & Compliance Officer of NLC India Limited, on May 28, 2026 at 12:38:51 IST.