Shareholders meeting

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.30/2026 Date: 29.09.2026 To To National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, Plot No. C/1, G Block, Phiroze JeeJeebhoy Towers , Bandra-Kurla Complex, Bandra (E), Dalal Street, Mumbai-400 051. Mumbai-400 001. Scrip Symbol: NLCINDIA Scrip Code: 513683 Sir/Madam, Sub: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Proceedings of 70th Annual General Meeting of the Company held on 29th September, 2026. The 70th Annual General Meeting (AGM) of the Company was held on Tuesday, the 29th September, 2026 at 15:00 Hours (IST) through Video Conference (VC) or Other Audio-Visual Means (OAVM) to transact the business as set out in the Notice of the AGM. Dr. Prasanna Kumar Acharya, Chairman cum Managing Director chaired the meeting. The requisite quorum being present, the meeting was called to order. The Notice convening the meeting was taken as read. The Chairman during his speech addressed the Members on the Company's performance during the year 2025-26, including the current year’s performance up to June, 2026. Members who had registered as Speaker Shareholder were invited to present their views and seek answer to their queries /clarifications on the annual accounts and performance of the Company for the financial year 2025-26. The Chairman provided detailed replies / clarifications to the Members. D. Hanumanta Raju & Co, Practising Company Secretaries, was appointed as the Scrutinizer for conducting the E-Voting process in fair and transparent manner for the AGM. The following business as set out in the Notice of the 70th Annual General Meeting were taken up for consideration. Sl. No. Subject ORDINARY BUSINESS 1. To receive, consider and adopt the Standalone Audited Financial Statements and Consolidated Audited Financial Statements of the Company for the Financial Year ended 31st March, 2026, together with the Reports of the Board of Directors and Statutory Auditors thereon and the comments of the Comptroller and Auditor General of India. 2. To confirm the Interim Dividend paid @ ₹3.6 per equity share (36%) and to declare the Final Dividend @ ₹0.25 per equity share (2.5%) for the Financial Year 2025-26. 3. To appoint a Director in place of Dr. Prasanna Kumar Acharya (DIN: 09625170), who retires by rotation and being eligible, offers himself for re-appointment. 4. To appoint a Director in place of Dr. Suresh Chandra Suman (DIN: 09549424), who retires by rotation and being eligible, offers himself for re-appointment. SPECIAL BUSINESS 5. To consider the appointment of Shri Rajesh Pratap Singh Sisodia (DIN: 10224070) as Director of the Company 6. To consider the appointment of Shri Anil Meshram (DIN: 06632929) as a Government Nominee Director of the Company 7. To consider the appointment of Shri Gopal Singh (DIN: 11815925) as a Government Nominee Director of the Company 8. To consider the appointment of Shri Poonam Chandrakar (DIN: 11748295) as an Independent Director of the Company 9. To Sale/transfer Renewable Energy Assets of the Company to its Wholly owned Subsidiary, NLC India Renewables Limited. 10. To consider & ratify the remuneration of Cost Auditors of the Company for the Financial Year 2026-27 11. Appointment of Dr. Prasanna Kumar Acharya (DIN: 09625170) as Chairman cum Managing Director of the Company. Thereafter the Members were informed that the voting results on the resolutions will be announced as stipulated in the SEBI (LODR) Regulations, 2015. The Annual General Meeting of the Company commenced at 15:00 Hours (IST) and concluded at 16:03 Hours (IST). We request you to take on record the above proceedings of the AGM. We are also enclosing copy of Chairman’s Speech delivered at the 70th AGM of the Company. This is for your information and record. Thanking You, Yours Faithfully, for NLC India Limited Company Secretary & Compliance Officer CHAIRMAN’S STATEMENT AT THE 70TH ANNUAL GENERAL MEETING NLC INDIA LIMITED 29th September, 2026 Ladies and Gentlemen, Distinguished Shareholders, Representatives of the Government of India, Board Members, Respected Colleagues, A very good afternoon to all of you. It is my great pleasure to welcome you all to the 70th Annual General Meeting of your Company. I would like to extend my heartfelt thanks to all our shareholders for your continued trust and support. Today, as we mark the 70th year of NLC India Limited, we gather not only to review the performance of the year gone by, but also to share our priorities for the next phase of our journey. The Audited Financial Statements of your Company for the year ended 31st March, 2026, together with the Auditors’ Report, Comments of the C&AG and the Board’s Report have already been sent to you and, with that, I take them as read. CORE VALUES NLCIL’s core values – National Orientation; Learning, Development and Resilience; Commitment to Excellence; Innovation and Creativity; Leadership and Loyalty; Customer Focus; Organizational Pride and Growing Together; Mutual Trust and Team Work; Motivation; Integrity, Accountability & Transparency; Total Quality and Total Wellness; and Safety & Sustainability – continue to guide the Company in all dimensions of its operations. These values are particularly relevant as we transform from a company with deep strengths in lignite mining and power generation into a diversified, future-ready energy enterprise. Our Integrated Annual Report for FY 2025-26 carries the theme “From Resources to Resilience”, reflecting this journey – using our resource base and established capabilities to build resilience through wider geography, renewable energy, storage, critical minerals, clean technologies, research and partnerships. PERFORMANCE HIGHLIGHTS – FY 2025-26 I am pleased to share the major physical performance highlights of your Company and the group during FY 2025-26:  All-time highest annual coal production of 19.14 Million Tonnes (MT) and highest annual coal dispatch of 17.69 MT from Talabira-II & III OCP since inception.  Generated an all-time highest ever 2.26 Billion Units of green energy, strengthening our renewable footprint.  The Group’s renewable energy portfolio reached 1,785 MW following commissioning of 353 MW of renewable capacity, including 300 MW in Rajasthan and 50 MW at Neyveli.  More than 1 GW of generating capacity was added during the year, including 3rd unit of GTPP, NUPPL  Pachwara South Coal Mine, with a capacity of 9 MTPA, commenced coal production on 29th March, 2026. FINANCIAL PERFORMANCE On the financial front, FY 2025-26 has been a landmark year for your Company. On a consolidated basis:  Revenue from Operations stood at ₹17,490Crore, compared with ₹15,283 Crore in FY 2024-25, an increase of 14.44%.  EBITDA reached an all-time high of ₹7,475 Crore, compared with ₹6,513 Crore in the previous year, registering a growth of 14.78%.  Profit Before Tax stood at ₹3,875 Crore, compared with ₹3,697Crore in FY 2024-  Profit After Tax reached an all-time high of ₹3,769 Crore, compared with ₹2,714 Crore in the previous year, registering a growth of 38.91%.  Capital expenditure reached an all-time high of ₹9,131 Crore, demonstrating our continued focus on capacity addition and strategic growth.  Our net worth stood at ₹21,525 crore as on 31 March 2026, compared with ₹18,723 crore as on 31 March 2025, registering an increase of 14.96%.  The C&AG issued NIL comments on the Company’s Standalone and Consolidated Financial Statements during the supplementary audit for FY 2025- These results reflect the combined impact of operational performance, asset utilisation, financial discipline and strategic growth. PERFORMANCE IN THE CURRENT [Showing first 8,000 characters — download PDF for full document]