NLC India Limited Buyback Details

NLC India Limited, previously Neville Lignite Corporation Limited, was set up on 14th November, 1956 as a private limited company under the Government of India. It was published on 7 March 1986.

The main main activity of NLC is lignite excavation and power generation by the lignite excavation. NLC has three Lignite Mines with a total capacity of 28.5 million tonnes per annum at Tamil Nadu's Neveli, and an annual capacity of 2.1 lakh tonnes in Rajasthan's Barrisoner is Lignite Mine. The company has five pinhead thermal power stations with a total capacity of 3240 MW..

NLC India Limited Buyback Details
Date of Board Meeting for Buyback Proposal	09-10-2018
Date of Buyback Approval	09-10-2018
Date Public Announcement of Buyback	09-10-2018
Buyback Type	Tender Offer
Buyback Record Date	24-10-2018
Buyback Opening Date	13-11-2018
Buyback Closing Date	28-11-2018
Buyback Amount	₹ 1248.99 Cr
Buyback Number of Share	14,19,31,818
Buyback Price	₹ 88 Per Share
Face Value	₹ 10
Holding Time	3 Months
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Profit acceptance Ratio Buy 2272 Shares at CMP ₹ 81 [2,00,000/88= 2272]
Acceptance Ratio	33%	50%	75%	100%
Buy Price	₹ 81	₹ 81	₹ 81	₹ 81
Amount Invested in Buyback	₹ 1,84,032	₹ 1,84,032	₹ 1,84,032	₹ 1,84,032
No. of Shares buyback	749	1136	1704	2272
BuyBack Profit	₹ 5,243	₹ 7,952	₹ 11,928	₹ 15,904
Profit(%)	- %	- %	- %	- %

NLC India Limited Contact Details
NLC India Limited First Floor, No.8, Mayor Sathyamurthy Road, FSD, Egmore Complex of Food Corporation of India, Chetpet, Chennai - 600031. Website: www.nlcindia.com

Registrar of NLC India Limited
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