NSEGeneral Updates1d ago · 17 Sept 2026, 03:58 pm
General Updates
PTC India Limited · PTC
✦ AI SummaryJoint Venture
PTC India Limited has informed the Exchange about the incorporation of a Joint Venture Company, NIRL PTC RENEWABLES LIMITED, in association with M/s. NLC India Renewables Limited, to collaborate and explore opportunities in the Energy Sector.
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Earnings Impact5/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Full Announcement
PTC India Limited has informed the Exchange about incorporation of Joint Venture Company, as per disclosure attached
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PTC_17092026155806_intimationregardingJVincorporation.pdf
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Date: 17th September, 2026
Listing Deptt. / Deptt. of Corporate Relations Listing Deptt.
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block G
Mumbai Bandra – Kurla Complex, Bandra (E),
Scrip Code: 532524 Mumbai -51
Company Code: PTC
Dear Sir/ Madam,
Sub: Intimation regarding Incorporation of Joint Venture Company
Ref: Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
This is in continuation to our earlier intimations dated 11th November, 2025 and 13th December, 2025 and
in terms of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, (‘SEBI Listing Regulations’), we would like to inform that the Company
in association with M/s. NLC India Renewables Limited, has incorporated a Joint Venture Company in the
name of “NIRL PTC RENEWABLES LIMITED” (CIN: U35105TN2026GOI197973) to collaborate and
explore opportunities, including development of Green Energy Projects, subject to terms of joint venture
agreement entered between the Parties and other approvals as may be required under applicable Laws/
Regulations.
The certificate of incorporation has been duly received on 16th September, 2026 from Ministry of Corporate
Affairs, Government of India.
The details under Regulation 30, Schedule III of the SEBI Listing Regulations read with Master Circular
Number SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 are given at
‘Annexure - A’.
You are requested to kindly take the above on record.
Thanking You,
For PTC India Limited
Rajiv Maheshwari
(Company Secretary)
FCS- 4998
PTC India Limited
(Formerly known as Power Trading Corporation of India Limited)
CIN : L40105DL1999PLC099328
2nd Floor, NBCC Tower, 15 Bhikaji Cama Place New Delhi - 110 066 Tel: 011- 41659500, 41595100, 46484200, Fax: 011-41659144
E-mail: info@ptcindia.com Website: www.ptcindia.com
Annexure-A
Sr. No. Particulars Details
1 Name of the entity, date & country Name: NIRL PTC RENEWABLES LIMITED
of incorporation, etc.; Date: 16 September, 2026
Country : India
2 Name of holding company of the Joint Venture between NLC India Renewables Limited
incorporated company and relation (74%) and PTC India Limited (26%).
with the listed entity;
3 Industry to which the entity being Energy Sector
incorporated belongs
4 Brief background about the entity To develop Green Energy Projects and explore related
incorporated in terms of products / opportunities.
line of business;
5 Brief details of any governmental or Approval of the Department of Investment and Public
regulatory approvals required for Asset Management (DIPAM), Ministry of Finance,
the incorporation; Government of India, obtained before incorporation.
6 Nature of consideration - whether The consideration for subscription to the paid-up share
cash consideration or share swap capital of the incorporated entity shall be paid in cash.
and details of the same;
7 Cost of subscription / price at which The shares are subscribed at a face value of Rs. 10/- per
the shares are subscribed; equity share.
8 Percentage of shareholding / control PTC India Limited: 26% shareholding (26,000 equity
by the listed entity and / or number shares).
of shares allotted.
PTC India Limited
(Formerly known as Power Trading Corporation of India Limited)
CIN : L40105DL1999PLC099328
2nd Floor, NBCC Tower, 15 Bhikaji Cama Place New Delhi - 110 066 Tel: 011- 41659500, 41595100, 46484200, Fax: 011-41659144
E-mail: info@ptcindia.com Website: www.ptcindia.com