Cessation

NLC India Limited (‘Navratna’ - Government of India Enterprise) Registered Office: No.135, EVR Periyar High Road, Kilpauk, Chennai-600 010. Corporate Office: Block-1, Neyveli-607 801, Cuddalore District, Tamil Nadu. CIN : L93090TN1956GOI003507, Website: www.nlcindia.in email: cosec@nlcindia.in Phone: 044-28369139 Lr. No. NLC/Secy/Reg.30 & 51/2026 Date: 17.09.2026 To To National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, Plot No. C/1, G Block, Phiroze JeeJeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai - 400 051. Mumbai - 400 001. Scrip Symbol: NLCINDIA Scrip Code: 513683 Sir/Madam, Sub: Intimation under Regulation 30 & 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Intimation of appointment of Chairman and Managing Director – Reg. Pursuant to the provisions of Regulation 30 & 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we write to inform that the Ministry of Coal, Government of India, vide its letter No.21/21/2025-ESTABLISHMENT dt. 16.09.2026, has conveyed the approval of President of India for the appointment of Dr. Prasanna Kumar Acharya, Director (Finance), as Chairman cum Managing Director (CMD) of the Company for a period of five years with effect from the date of his assumption of charge or until further orders, whichever is earlier, subject to such terms & conditions as may be determined by Government of India. Pursuant to the said MoC letter, Dr. Prasanna Kumar Acharya assumed the charge of Chairman cum Managing Director of the Company with effect from 17th September, 2026. Consequent to which, he has relinquished from the position of Director (Finance) & CFO of the Company with effect from 17th September, 2026. Further, Shri Sanoj Kumar Jha, who was holding the additional charge of CMD has handed over the charge to Dr. Prasanna Kumar Acharya with effect from 17th September, 2026. We are enclosing herewith the brief details of the aforesaid change as prescribed under SEBI (LODR) Regulations read with SEBI circular HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026 as Annexure I. This is for your information and record. Thanking You, Yours Faithfully, For NLC India Limited Company Secretary & Compliance Officer Annexure - I The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026. Shri Sanoj Kumar Jha: Sl. Particulars Details 1. Reason for Change Cessation upon appointment of regular Chairman cum Managing Director 2. Date of 17th September, 2026 Appointment/cessation and term of appointment. 3. Brief Profile (in case of NA appointment). 4. Disclosure of NA relationships between directors Dr. Prasanna Kumar Acharya: Sl. Particulars Details 1. Reason for Change Appointment 2. Date of For a period of five years with effect from Appointment/cessation the date of his assumption i.e. 17th September, 2026, or until and term of further orders, whichever is earlier, subject to the terms & appointment. conditions as may be determined by Government of India. 3. Brief Profile (in case of Dr. Prasanna Kumar Acharya assumed charge as the Chairman appointment). cum Managing Director (CMD) of NLC India Limited on 17.09.2026 at the Company’s Corporate Office, Neyveli. Dr. Acharya is a seasoned professional with nearly three decades of rich and diverse experience across leading Indian organisations in the Power, Mining and Infrastructure sectors. Prior to assuming charge as CMD, he served as Director (Finance) of NLC India Limited. During his professional career, he has held key positions in organisations including GRIDCO, NTPC and Tata Power. Dr. Prasanna Kumar Acharya holds a Bachelor’s degree in Commerce (Honours) from Utkal University, Odisha, and a Bachelor of Laws (LLB) from M.S. Law College, Cuttack, Odisha. He holds a Master of Commerce from Ravenshaw University, Odisha, and a Master of Business Administration (MBA). He is a Fellow Member of the Institute of Cost and Management Accountants of India and an Associate Member of the Institute of Company Secretaries of India. He holds a Doctorate in Philosophy (Ph.D.) from Utkal University, Odisha, and has also undergone a Management Development Programme in Strategic Finance at IIM Lucknow. His professional journey encompasses diverse domains, including Power Generation, Transmission, Distribution and Mining, as well as Metro Rail infrastructure. He made significant contributions to major infrastructure initiatives, including the Phase-II Project of Chennai Metro Rail Limited (CMRL), a project with an estimated value of over ₹63,000 crore. During his tenure at NLC India Limited, Dr. Acharya has led several initiatives in digital transformation and governance reforms, including ERP modernisation, centralisation of various Finance functions, adoption of AI-enabled systems and introduction of a Vendor Invoice Management System. His strategic leadership has also contributed to securing critical Government approvals and advancing initiatives relating to acquisition of coal and critical mineral blocks and renewable energy projects. He has played an important role in steering joint ventures with various State utilities and in supporting NLCIL’s ambitious growth roadmap, which envisages achieving more than 20 GW of power generation capacity and over 100 MTPA of mining capacity by 2030. 4. Disclosure of NA relationships between directors