NTPC fundraising: Board clears Rs 18,000 crore bond, NCD plan; postal ballot to follow
NTPC Ltd's board has approved raising up to Rs 18,000 crore through non-convertible debentures or bonds via private placement in the domestic market. The fundraising will occur in one or more tranches, not exceeding 12, within a year, pending shareholder approval via postal ballot. The cut-off date for determining voting rights is June 21.
NTPC Ltd's board has approved raising up to Rs 18,000 crore through non-convertible debentures or bonds via private placement in the domestic market. The fundraising will occur in one or more tranches, not exceeding 12, within a year, pending shareholder approval via postal ballot. The cut-off date for determining voting rights is June 21. What's Your Reaction?
