NLC India's board has approved the in-principle listing of its subsidiary, NLC India Renewables Limited (NIRL), through a dilution of up to 25% equity via public offerings. This move aligns with the government's National Monetisation Pipeline. The board also declared an interim dividend of Rs 3.60 per share for FY2025-26 and approved an investment of up to Rs 66.60 crore in NIRL to fund green energy projects. These announcements led to a positive market reaction for NLC India shares.