NHPC to hold board meeting, will approve borrowing plan for FY26

State-owned Hydro Power Giant, NHPC Ltd has announced on 17 April, (Thursday) that it will hold the board meeting on 23 April, 2025 to consider and approve the raising of funds up to Rs 2,000 crore.

 

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According to the exchange filing made, it is to inform that a meeting of Board of Directors of the Company is scheduled to be held on Wednesday, 23rd April, 2025 to inter-alia consider and approve the proposal for approval of Key Information Document (KID) for raising of funds through issue of Unsecured, Redeemable, Taxable, Non-Convertible, Non-Cumulative Bonds up to Rs.2,000 crore in one or more tranche through private placement, as part of the borrowing plan for FY 2025-26.

Shares of NHPC Ltd were trading low by 0.41% at Rs 84.97. The stock has been corrected over 8.7% in the past one month.

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