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Why NLC India’s Latest ESG Scores Could Matter More Than You Think

NLC India Limited’s latest ESG ratings are out. ICRA maintains a score of 59, while NSE Sustainability assigns 55 for FY25. Here’s what it means for investors.
Why NLC India’s Latest ESG Scores Could Matter More Than You Think

New Delhi Feb 21, 2026:  NLC India Limited has released its latest Environmental, Social and Governance (ESG) ratings — and while the numbers may look steady, they carry important signals for investors.

According to its regulatory disclosure:

  • ICRA ESG Ratings Limited has maintained the company’s ESG score at 59, categorised as “Adequate.”

  • NSE Sustainability Ratings & Analytics Ltd. has assigned an ESG score of 55, placing it in the “Average” category for FY25.

Interestingly, the NSE Sustainability rating was assigned independently based on publicly available information, and the company clarified that it did not directly engage the agency for this assessment.

 

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The update has been submitted to:

  • National Stock Exchange of India Ltd. (Symbol: NLCINDIA)

  • BSE Ltd. (Scrip Code: 513683)

With ESG increasingly influencing institutional investment decisions, even stable ratings can shape market perception. The key question now: will NLC India move the needle higher in the coming quarters?

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