New Delhi: NLC India Limited, a Navratna government enterprise, has issued and allotted 4,000 commercial papers worth ₹200 crore on September 28, 2026, according to a stock exchange disclosure.
The company informed the National Stock Exchange (NSE) and BSE about the issuance through a disclosure under Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
NLC India Commercial Paper Issuance: Key Details
The commercial paper issuance comprises 4,000 instruments, each carrying a face value of ₹5 lakh.
Key details include:
- Instrument: Commercial Papers (CPs)
- Number of CPs: 4,000
- Face value per CP: ₹5,00,000
- Total issue size: ₹200 crore
- Issue and allotment date: September 28, 2026
- NSE scrip: NLCINDIA
- BSE code: 513683
The total value of the issuance is calculated by multiplying 4,000 commercial papers by the face value of ₹5 lakh each.
Read also: NLC India Raises ₹500 Crore Through Commercial Papers, Plans ₹1.25 Lakh Crore Investment by 2030
NLC India Discloses Commercial Paper Allotment to NSE, BSE
In a letter dated September 28, 2026, the company’s Company Secretary and Compliance Officer informed both stock exchanges that the commercial papers had been issued and allotted on the same day.
The disclosure was made under:
- Regulation 30: Disclosure of material events and information
- Regulation 51: Disclosure requirements relating to non-convertible securities and debt securities
The filing confirms the issuance and allotment but does not provide additional terms of the commercial paper programme.
What Are Commercial Papers?
Commercial papers are unsecured, short-term debt instruments generally issued by companies to meet short-term funding requirements.
For companies, commercial papers provide access to the money market for managing near-term financial requirements and liquidity.
NLC India’s ₹200 crore issuance therefore represents the company’s use of the commercial paper market as a short-term borrowing route.
What NLC India’s Filing Does Not Disclose
The stock exchange disclosure does not specify several commercial paper terms.
These include:
- Interest rate or discount rate
- Maturity date
- Credit rating
- Details of investors or subscribers
- Specific utilisation of the funds
Further details, if disclosed by the company, may be available through subsequent filings with the stock exchanges.
NLC India Commercial Paper Issue at a Glance
- Number of CPs: 4,000
- Face Value per CP: ₹5 lakh
- Total Value: ₹200 crore
- Issue Date: September 28, 2026
- Instrument: Commercial Papers
- Disclosure: SEBI Regulations 30 and 51
About NLC India
NLC India Limited is a Navratna Central Public Sector Enterprise under the Ministry of Coal, Government of India. The company is primarily engaged in lignite and coal mining, power generation and renewable energy projects. It has been expanding its presence across conventional and renewable energy while supporting India’s energy requirements.
Read also: NLC India Renewables Wins 265 MW/530 MWh BESS Project from SJVN in Haryana
