NLC India Limited has submitted a regulatory disclosure to the National Stock Exchange of India Ltd. and BSE Ltd. pursuant to Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations).

The disclosure concerns a transaction by the company's Promoter, the President of India acting through the Ministry of Coal, Government of India. The Promoter has submitted a Form B disclosure under Regulation 7(2)(a) of the SEBI PIT Regulations.

Nature of the Event: The disclosure pertains to the sale of equity shares by the Promoter via an Offer for Sale (OFS) mechanism.

Transaction Details:

  • Security Type: Equity Shares of face value ₹10
  • Transaction Type: Sale via Offer for Sale (OFS)
  • Transaction Period: The OFS was conducted from June 9, 2026, to June 10, 2026.
  • Number of Shares Sold: 3,77,93,155 Equity Shares
  • Gross Transaction Value: ₹12,24,98,34,704.07 (Rupees One Thousand Two Hundred Twenty Four Crore Ninety Eight Lakh Thirty Four Thousand Seven Hundred Four and Paise Seven only)
  • Pre-Transaction Holding: 1,00,71,56,562 Equity Shares, representing 72.20% of the shareholding
  • Post-Transaction Holding: 96,33,63,407 Equity Shares, representing 71.97% of the shareholding
  • Stake Reduction: 0.23%

Regulatory Reference: The disclosure is made under SEBI (Prohibition of Insider Trading) Regulations, 2015, specifically Regulation 7(2) read with Regulation 6(2) for Continual Disclosure.

Parties Involved:

  • Disclosing Entity: The President of India, acting through the Ministry of Coal, Government of India (Promoter)
  • Signatory for Promoter: Pradeep Raj Nayan, Under Secretary, Ministry of Coal, Government of India
  • Company Signatory: Sushanta Kumar Panda, Company Secretary & Compliance Officer, NLC India Limited

Additional Information: The form explicitly notes that the value of the transaction excludes taxes, brokerage, and any other charges. A separate section for trading in derivatives was completed and marked as 'Nil' for all fields, indicating no derivative transactions were conducted by the promoter in relation to this event.