Agreements

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: 08.07.2026 To To National Stock Exchange of India Ltd. BSE Ltd. Plot No. C/1, G Block, Phiroze JeeJeebhoy Bandra-Kurla Complex, Towers, Dalal Street, Bandra (E), Mumbai - 400 051. Mumbai - 400 001. Scrip Symbol: NLCINDIA Scrip Code: 513683 Sir/Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Reg. In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we write to inform that NLC India Limited has signed a Joint Venture Agreement with National Aluminium Company Limited to incorporate a Joint Venture Company (JVC) for development of a 4×270 MW (1,080 MW) Coal based Thermal Captive Power Plant at Angul, Odisha to meet the captive power requirement of NALCO's 0.5 MTPA Aluminium Smelter Expansion Project. Details required to be disclosed as per SEBI Circular no. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January, 2026 is enclosed as Annexure. This is for your information and record. Thanking You, Yours Faithfully, For NLC India Limited Company Secretary & Compliance Officer ANNEXURE Details required to be disclosed as per SEBI Circular no. HO/49/14/14(7)2025-CFD OD2/I/3762/2026 dated 30th January, 2026 Name of parties with whom the National Aluminium Company Limited agreement is entered (NALCO) Purpose of entering into the agreement; Formation of a Joint Venture Company (JVC) with NALCO on 50:50 equity basis for development of 4×270 MW (1,080 MW) Coal based Thermal Captive Power Plant at Angul, Odisha, to meet the captive power requirement of NALCO's 0.5 MTPA Aluminium Smelter Expansion Project. Shareholding, if any, in the entity with The JVC is proposed to be newly whom the agreement is executed incorporated. Upon incorporation, NLCIL and NALCO shall each hold equity shares in the JVC in the ratio of 50:50. Significant terms of the agreement (in Equity participation 50:50 brief) special rights like right to (NLCIL :NALCO) appoint directors, first right to share subscription in case of issuance of • JV Company will execute Fuel Supply shares, right to restrict any change in Agreement (FSA) with NLCIL from its capital structure etc. Machhakata coal mine or any other mines for 25 years • JVC to execute a 25 years Power Purchase Agreement (PPA) with NALCO for 100% offtake of power under Section 62 of the Electricity Act, 2003 Whether, the said parties are related Yes to promoter/promoter group/ group companies in any manner. Whether the transaction would fall No within related party transactions In case of issuance of shares to the Equity Shares shall be issued at the face parties, details of issue price, class of value of Rs.10/- each after incorporation shares issued; of JVC in the ratio of 50:50 between the Company and NALCO. Any other disclosures related to such Both the parties will have equal agreements, viz., details of nominee nomination on the Board. on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc