01 Aug, EOD - Indian

Nifty Pharma 22011.7 (-3.33)

Nifty Smallcap 100 17668.2 (-1.66)

Nifty 50 24565.35 (-0.82)

Nifty IT 34649.6 (-1.85)

Nifty Midcap 100 56637.15 (-1.33)

SENSEX 80599.91 (-0.72)

Nifty Next 50 66192.8 (-1.35)

Nifty Bank 55617.6 (-0.62)

01 Aug, EOD - Global

NIKKEI 225 40799.6 (-0.66)

HANG SENG 24507.81 (-1.07)

S&P 6275.25 (-1.74)


Corporate News

You are Here : Home > News > Corporate News >

(08 Jul 2025, 12:05)

NLC India’s board OKs to invest Rs 1,630-cr in subsidiary

NLC India said that its board granted in-principle approval to invest upto Rs 1,630.89 crore in one or more tranches in its wholly owned subsidiary, NLC India Renewables (NIRL), through the subscription of equity shares to fund green energy projects.


Further, the company’s board also approved the borrowing of term loan in Japanese Yen equivalent to $100 million, through external commercial borrowing (ECB), from Sumitomo Mitsui Banking Corporation (SMBC) for CAPEX funding of renewable projects to be executed through the company’s subsidiaries or group companies.

NLC India is a 'Navratna' government of India company engaged in lignite mining and power generation. As of 31 March 2025, the Government of India held a 72.20% stake in the company. The public sector undertaking's consolidated net profit zoomed 321.83% to Rs 481.96 crore on an 8.34% increase in revenue from operations to Rs 3,836 crore in Q4 FY25 over Q4 FY24.

The counter rose 0.20% to Rs 224.95 on the BSE.

More News

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +