NLC India Share Price in Focus; Transfers 7 Renewable Assets to Subsidiary NIRL

NLC India Limited has transferred 7 renewable energy assets to its wholly owned subsidiary, NLC India Renewables Limited (NIRL).  

The transfer took effect on January 1, 2026, according to a filing made with the stock exchanges. The assets were earlier held directly by the parent company. 

Effective Date and Agreement 

The transfer was carried out under a business transfer agreement executed on October 31, 2025, between NLC India and NIRL.  

While the agreement was signed in October, the assets were moved at the start of the new calendar year. The filing does not indicate any consideration paid for the transfer. 

Details of Assets Moved 

The transaction includes 7 renewable energy assets. The company has not disclosed further information on the size, location, or technology mix of these projects.  

No valuation details were provided in the disclosure. The assets form part of NLC India’s renewable energy operations. 

Change in Asset Holding 

Following the transfer, the renewable assets are now held by NLC India Renewables Limited. NIRL is a wholly owned subsidiary, and there is no change in the overall ownership of the assets at the group level. The transaction is limited to an internal transfer within the company structure. 

Business Segments of NLC India 

NLC India Limited operates across multiple segments, including lignite mining, thermal power generation, and renewable energy. The renewable segment includes solar and wind power projects developed over recent years. The transfer does not affect the company’s mining or thermal power assets. 

NLC India Share Price Performance  

As of January 02, 2025, 9:46 am, NLC India share price was trading at ₹257.45, a 0.51% increase from the previous closing price. 

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Conclusion 

The transfer of 7 renewable energy assets to NLC India Renewables Limited is an internal restructuring step carried out with effect from January 1, 2026. The transaction consolidates the renewable assets under the subsidiary, with ownership remaining within the NLC India group. 

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