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Board of NTPC approves issue of debt securities up to Rs 15000 cr

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Capital Market

At meeting held on 29 July 2016

NTPC announced that the Board, in its Meeting held on 29 July 2016 has considered and approved the issue of secured/ unsecured, redeemable, taxable/ tax-free, cumulative/ non-cumulative, non-convertible debentures ( Bonds/NCDs ) upto Rs. 15,000 crore during the period commencing from the date of passing of Special Resolution in the Annual General Meeting, to be held on 20 September 2016, till completion of one year thereof or the date of next Annual General Meeting in the financial year 2017-18 whichever is earlier.

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First Published: Aug 01 2016 | 6:23 PM IST

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