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NTPC completes CCEA approved empoyees offer for sale

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Capital Market

Government holding reduces to 74.96% from 75%

NTPC announced that basis of allotment has been finalized and 34,83,320 equity share will be transfered from Government of India's demat to respective demat accounts of succesful applicants (employees.)

Accordingly, Government of India's share holding in NTPC's would reduce to 6,18,06,14,980 i.e.74.96% of paid-up equity capital of the company from 6,18,40,98,300 shares i.e. 75.00% of paid-up capital of the Company. Post transfer of equity share to respective demat accounts of employees, these shares will be available for trading.

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First Published: Jun 06 2014 | 9:26 AM IST

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