NTPC board okays elevating ₹18,000 crore by way of bonds, NCDs
NTPC. File
| Photograph Credit score: Reuters
State-run energy large NTPC board on Saturday (June 21, 2025) accredited the proposal to boost as much as ₹18,000 crore by means of the issuance of NCDs or bonds on personal placement within the home market.
The board of administrators of the corporate in its assembly on Saturday, additionally thought-about and accredited the draft discover of postal poll in respect of searching for approval of shareholders of the corporate for the problem of those non-convertible debentures (NCDs), as per a regulatory submitting.
The corporate additionally mounted the deadline of Friday for the aim of reckoning the names of members, who’re entitled for receiving postal poll discover and voting rights, it mentioned.
Based on the submitting, the board accredited the problem of non-convertible debentures as much as ₹18,000 crore in a number of tranches/sequence not exceeding 12, by means of personal placement within the home market throughout the interval commencing from the date of passing of particular decision until completion of 1 12 months.
Revealed – June 21, 2025 09:23 pm IST