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.

Analysis Scores

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