NLC India Limited, a Navratna public sector enterprise under the Government of India, has announced the successful issuance and allotment of commercial paper worth ₹500 crore. The company disclosed the development through a regulatory filing submitted to the National Stock Exchange of India (NSE) and BSE Limited on June 25, 2026.
According to the filing, the commercial paper was allotted on June 24, 2026. The issue comprises 10,000 commercial paper instruments, each having a face value of ₹5,00,000. Commercial papers are short-term debt instruments commonly used by companies to raise funds for working capital requirements and other short-term financial needs.
The company stated that the disclosure was made in accordance with Regulations 30 and 51 of the Securities and Exchange Board of India (SEBI) (Listing Obligations and Disclosure Requirements) Regulations, 2015. These regulations require listed companies to promptly inform stock exchanges about significant financial transactions and corporate developments to ensure transparency for investors and stakeholders.
The official communication was digitally signed by Sushanta Kumar Panda, Company Secretary and Compliance Officer of NLC India Limited.
Headquartered in Chennai, with its corporate office located in Neyveli, Tamil Nadu, NLC India Limited is one of the country’s leading public sector enterprises in the mining and power sectors. The latest commercial paper issuance reflects the company’s ongoing efforts to efficiently manage its short-term funding requirements while maintaining a disciplined approach to capital management and financial planning.
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