NLC India Limited has announced that its promoter, the President of India acting through the Ministry of Coal, has executed a sale of equity shares via an Offer for Sale (OFS). The transaction, disclosed in accordance with SEBI’s Prohibition of Insider Trading Regulations, occurred between June 9, 2026, and June 10, 2026. The sale involved a substantial quantity of shares, impacting the promoter’s holding in the company. Further details of the transaction are provided in the submitted disclosure.
Promoter Equity Share Transaction Disclosed
NLC India Limited has officially intimated exchanges regarding a significant transaction involving its promoter. The President of India, represented by the Ministry of Coal, has sold a portion of its equity shares in the company through an Offer for Sale (OFS) mechanism. This disclosure has been made in compliance with Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Sale Details and Period
The Offer for Sale took place during the period from June 9, 2026, to June 10, 2026. The disclosed details specify the acquisition of 3,77,93,155 equity shares, which were equivalent to 2.73% of the paid-up equity share capital of NLC India Limited at the time. This transaction was executed through the stock exchange mechanism on both the National Stock Exchange of India Limited and BSE Limited.
Holding Post-Transaction
Following the sale, the promoter’s holding in NLC India Limited stands at 96,33,63,407 equity shares. This represents 69.47% of the company’s paid-up equity share capital. The face value of each equity share is ₹10. The disclosure confirms that the President of India, through the Ministry of Coal, continues to be the primary promoter of NLC India Limited.
Regulatory Compliance
The intimation has been filed with the stock exchanges as per the requirements of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The document provides a detailed breakdown of the securities held prior to and post-acquisition/disposal, along with the transaction type and the period during which the trade was executed. No derivative trading activity was reported by the promoter during this period.
Source: BSE
