NTPC to Raise Funds through issue of Non-Convertible Debentures
The shares of the company are trading at Rs 362.15 above 0.33%.
State-owned Public Sector company, NTPC limited to raise funds by issuing Non-Convertible Debentures and Bonds up to Rs 12,000 crore.
According to an exchange filing, it is with this intimated that a meeting of the Board of Directors of the Company is scheduled to be held in New Delhi on Saturday, 29 June 2024 to, inter-alia, consider the issue of secured/ unsecured, redeemable, taxable/tax-free, cumulative/noncumulative, non-convertible debentures ("Bonds/NCDs") upto Rs.12,000 Crore, subject to approval of shareholders in the ensuing Annual General Meeting, the company stated.
Join PSU Connect on WhatsApp now for quick updates! Click here
Read Also : RBI appoints Kesavan Ramachandran as new Executive Director
The shares of the company are trading at Rs 362.15 above 0.33%.
At the same time, the market capital is standing at Rs 3.5 lakh crore. The financial year 2024 revenue stood at Rs 47.62T crore, up by 7.6YoY, as of March 2024.
Read Also : Padavittan Babu set to be next Director Production & Marketing at MIDHANI