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Last 81.85 INR
Change Today +0.55 / 0.68%
Volume 90.1K
NLC On Other Exchanges
Natl India
As of 7:06 AM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

neyveli lignite corporation (NLC) Snapshot

Previous Close
Day High
Day Low
52 Week High
11/5/14 - 97.50
52 Week Low
03/27/15 - 65.25
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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neyveli lignite corporation (NLC) Details

Neyveli Lignite Corporation Limited operates as a mining and power generation company in India. It is involved in the generation of power through its thermal power stations. As of March 31, 2014, the company had a total generation capacity of 2740 Mega Watt. It is also engaged in the mining of lignite. The company sells its lignite to small scale industries for use as fuel in their production activities. Neyveli Lignite Corporation Limited was founded in 1956 and is based in Neyveli, India.

18,688 Employees
Last Reported Date: 05/30/09
Founded in 1956

neyveli lignite corporation (NLC) Top Compensated Officers

Chairman, Managing Director, Chairman of Sub ...
Total Annual Compensation: 3.8M
Chief General Manager of MM, Director of Powe...
Total Annual Compensation: 2.1M
Director of Human Resource, Executive Directo...
Total Annual Compensation: 3.4M
Director of Finance, Executive Director, Memb...
Total Annual Compensation: 2.2M
Director of Planning & Projects, Director, Me...
Total Annual Compensation: 1.1M
Compensation as of Fiscal Year 2014.

neyveli lignite corporation (NLC) Key Developments

Neyveli Lignite Corporation Announces the Resignation of C V Sankar from the Board of Directors

Neyveli Lignite Corporation has informed that C V Sankar, Part-time Official Director has resigned from the Board of Directors with effect from June 29, 2015.

NLC Workers Progressive Union and NLC Anna Workers and Staff Union Restrains from Going on Strike in Neyveli Lignite Corporation

The Madras high court on restrained the two main trade unions at Neyveli Lignite Corporation (NLC) from going ahead with a proposed strike from July 2, 2015. Justice T. Raja granted the interim injunction on a petition filed by the NLC management, which said there was every reason to believe that mining and power generation activities would be severely hampered, and workmen affiliated to these unions might indulge in agitations. NLC is a public utility service employing 16,000 people, besides workmen engaged by contractors to carry out non-perennial work such as maintenance. The petition said wage structure for unionized category of workmen in NLC is determined through negotiated settlement between the management and bargaining agents, who are usually the negotiating trade unions. Negotiation for wage settlement could not be held from 2007 to 2012 due to pendency of court cases filed by various trade unions. After NLC Workers Progressive Union and NLC Anna Workers and Staff Union emerged as big unions in 2012 entitled to take part in wage talks for four years, talks were held and the unions came out with several demands. The last wage revision committee meeting was held on April 29, 2015 and it was adjourned without specifying any date, the petition said.

Neyveli Lignite Corporation Limited Announces Board Changes

Neyveli Lignite Corporation Ltd. announced that Smt. Sujata Prasad, nominee of Ministry of Coal, Government of India, has been appointed as a Part-Time Official Director, effective from June 11, 2015 complying with the requirements of Clause 49(II)(A) (1) of the Listing Agreement. A. K. Dubey, nominee of Ministry of Coal, Government of India, relinquished as Part-time Official Director effective from June 11, 2015.


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