Agreements

संदभ(cid:330)/Ref. : NBC/S/4.5 & 4.5(A)/2026/1023 िदनांक/Dated: 08.07.2026 To, To, (cid:366)बंधक/The Manager (cid:366)बंधक/The Manager Phiroj Jeejeebhoy Towers, National Stock Exchange of India Ltd., दलाल (cid:720)(cid:332)ीट/Dalal Street, ए(cid:411)च(cid:336)ज (cid:600)ाजा, बां(cid:363)ा-कु ला(cid:330) क(cid:817)(cid:600)े(cid:411), मु(cid:638)ई/MUMBAI- 400 001 Exchange Plaza, Bandra-Kurla Complex, (cid:304)(cid:716)प कोड/Scrip Code: 532234 बां(cid:363)ा ई(cid:720)/Bandra East, मु(cid:638)ई/MUMBAI-400 051 (cid:366)तीक/Symbol: NATIONALUM Sub: िविनयम, 2015 के िविनयम 30 का अनुपालन। / Compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we would like to inform you that a Joint Venture Agreement was signed on 08.07.2026 with NLC India Limited (NLCIL) to incorporate a Joint Venture Company (JVC) for development of a 4×270 MW (1,080 MW) Thermal Captive Power Plant at Angul, Odisha. Details required to be disclosed as per SEBI Circular no. CIR/CFD/CMD/4/2015 dated 9th September, 2015 is enclosed as Annexure-1. आपकी जानकारी और अिभलेख हेतु /This is for your information and record. ध(cid:586)वाद/Thanking you. भवदीय/Yours faithfully, for National Aluminium Co. Ltd. (बी. के . सा(cid:353))/(B. K. Sahu) Company Secretary & Compliance Officer ACS: 9953 Encl.: As above/संल(cid:432) National Aluminium Company Limited (A Government of India Enterprise) REGD. & CORPORATE OFFICE Nalco Bhawan, Nayapalli, Bhubaneswar–751013,India CIN # L27203OR1981GOI000920 Tel.:0674-2301988-999, Ext.:2265, 2266, 2267, 2585, 2587, E-mail:company_secretary@nalcoindia.co.in,Website:www.nalcoindia.com Annexure I Details as per the Securities and Exchange Board of India circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015 Name(s) of parties with whom NLC India Limited (NLCIL) the agreement is entered Purpose of entering into the Formation of a Joint Venture Company (JVC) with Agreement NLCIL on 50:50 equity basis for development of a 4×270 MW (1,080 MW) Thermal Captive Power Plant at Angul, Odisha, to meet the captive power requirement of NALCO's 0.5 MTPA Aluminium Smelter Expansion Project, along with exploration of long-term arrangements for 200-250 MW of firm Renewable Energy (RE-RTC) and long-term coal supply. Shareholding, if any, in the Nil. entity with whom the The JVC is proposed to be newly incorporated. Upon agreement is executed incorporation, NALCO and NLCIL shall each hold 50% of the equity share capital of the JVC. Significant terms of the  Equity participation 50:50 (NALCO: NLCIL) agreement (in brief) special  JVC to execute a 25 years Power Purchase rights like right to appoint Agreement (PPA) with NALCO for 100% offtake directors, first right to share of power under Section 62 of the Electricity Act, subscription in case of 2003, and a Fuel Supply Agreement (FSA) with issuance of shares, right to NLCIL for coal at Coal India notified price. restrict any change in capital structure etc whether, the said parties are Yes. related to promoter/promoter NALCO and NLCIL are Government Companies, group/ group companies in under the administrative control of the Ministry of any manner. If yes, nature of Mines and the Ministry of Coal respectively. relationship National Aluminium Company Limited (A Government of India Enterprise) REGD. & CORPORATE OFFICE Nalco Bhawan, Nayapalli, Bhubaneswar–751013,India CIN # L27203OR1981GOI000920 Tel.:0674-2301988-999, Ext.:2265, 2266, 2267, 2585, 2587, E-mail:company_secretary@nalcoindia.co.in,Website:www.nalcoindia.com whether the transaction would No Transactions between two Government Companies fall within related party are exempted as per the provisions of Section transactions? If yes, whether 188(1) of the Companies Act, 2013 and Regulation 23(5)(a) of the SEBI (LODR) Regulations, 2015 the same is done at “arm’s length” in case of issuance of shares Shares shall be issued after incorporation of JVC in to the parties, details of issue the ratio of equity shareholding. price, class of shares issued any other disclosures related Both the parties will have equal nomination on the to such agreements, viz., Board. details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc in case of termination or Not Applicable amendment of agreement, listed entity shall disclose additional details to the stock exchange(s) a) name of parties to the agreement; b) nature of the agreement; c) date of execution of the agreement; d) details of amendment and impact thereof or reasons of termination and impact thereof. National Aluminium Company Limited (A Government of India Enterprise) REGD. & CORPORATE OFFICE Nalco Bhawan, Nayapalli, Bhubaneswar–751013,India CIN # L27203OR1981GOI000920 Tel.:0674-2301988-999, Ext.:2265, 2266, 2267, 2585, 2587, E-mail:company_secretary@nalcoindia.co.in,Website:www.nalcoindia.com