In an exchange filing, the company said that it issued 6,000 commercial paper of face value of Rs 5 lakh each on 26 February 2021, aggregating to Rs 300 crore.
Shares of NLC India declined 0.28% to Rs 52.85 on Friday.
NLC India is a 'Navratna' government of India company in the fossil fuel mining sector in India and thermal power generation. As of 31 December 2020, the Government of India holds 79.2% stake in the company.
The PSU company's consolidated net profit fell 54.2% to Rs 183.10 crore on 19.2% decline in net sales at Rs 2214.86 crore in Q3 FY21 over Q3 FY20.
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