PSU Share in Focus: NTPC Green to hold board meeting on 29 Apr to consider fund raising
NTPC Green Energy to announce fund raising of maximum amount of Rs. 5,000 Crore during the financial year 2025-26, by issuing secured/unsecured, redeemable, taxable/ tax free, cumulative, non-cumulative debentures (Bonds/ NCDs) in one or more tranches.
New Delhi: Shares of NTPC Green Energy Ltd are in focus as the company has announced that hold a board meeting to consider and approve the raising of funds up to Rs 5,000 crore during the FY25- 26.
According to the exchange filing made, it is hereby informed that the meeting of Board of Directors is scheduled to be held on Tuesday 29th April, 2025, inter-alia to consider and approve borrowing (raising of funds) up to a maximum amount of Rs.5,000 Crore during the financial year 2025-26, by issuing secured/unsecured, redeemable, taxable/ tax free, cumulative, non-cumulative debentures (Bonds/ NCDs) in one or more tranches.
The total amount to raise-up is around Rs 5,000 crore.
Shares of NTPC Green are trading down by 3.01% at Rs 104.09.