NALCO pays record ₹11b dividend to government as Angul Aluminium Park draws investor interest
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National Aluminium Company Limited (NALCO) has paid INR 11 billion (USD 114 million) in dividend to the Government of India for FY26, marking the company’s highest-ever payout. The company declared a total dividend of INR 21 billion (USD 219 million) for FY26, including one final dividend and three interim dividends. This represents a 230 per cent payout on equity shares with a face value of INR 5 (USD 0.052) each.
The dividend cheque was handed over to Union Minister G. Kishan Reddy at an investor roadshow in Kolkata on September 28, 2026. NALCO reported a profit after tax of INR 58 billion (USD 604 million) for FY26.
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The Kolkata roadshow, organised by NALCO and Odisha Industrial Infrastructure Development Corporation (IDCO), also focused on investment opportunities at the Angul Aluminium Park in Odisha.
The park is being developed by Angul Aluminium Park Private Limited (AAPPL), a joint venture between NALCO and IDCO, to support downstream aluminium manufacturing and value addition. NALCO plans to supply 50,000 tonnes of hot metal annually at a discounted rate to investors at the park.
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The facility will also offer industrial land, power and water supply, road connectivity and R&D facilities. More than 250 representatives from investors and industry associations attended the roadshow.
Reddy said India imports nearly USD 4 billion worth of high-finish aluminium products, highlighting the scope for greater domestic value addition. NALCO CMD Brijendra Pratap Singh said the park is intended to turn these opportunities into industrial partnerships, while Secretary Keshav Chandra stressed the need to expand high-value aluminium production through domestic R&D and technology.
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