NTPC board okays raising ₹18,000 crore via bonds, NCDs

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NTPC board okays raising ₹18,000 crore via bonds, NCDs

NTPC. File
| Photo Credit: Reuters

State-run energy big NTPC board on Saturday (June 21, 2025) accredited the proposal to boost as much as ₹18,000 crore via the issuance of NCDs or bonds on non-public placement within the home market.

The board of administrators of the corporate in its assembly on Saturday, additionally thought of and accredited the draft discover of postal poll in respect of in search of approval of shareholders of the corporate for the problem of those non-convertible debentures (NCDs), as per a regulatory submitting.

The firm additionally mounted the closing date of Friday for the aim of reckoning the names of members, who’re entitled for receiving postal poll discover and voting rights, it stated.

According to 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, via non-public placement within the home market throughout the interval commencing from the date of passing of particular decision until completion of 1 12 months.

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