Archive · 24 Jul 2025
NTPC Gets Shareholder Approval for ₹18,000 Crore Bond Issue
NTPC, a big company, got permission from its owners to borrow up to ₹18,000 crore.
They'll do this by selling bonds, which are like IOUs, to certain investors.
The money will be raised in smaller chunks, over a year.
Owners voted online to approve this plan.
NTPC needs this money because it's working to build more power plants and needs cash to pay for the construction.
NTPC received shareholder approval to raise up to ₹18,000 crore.
Funds will be raised via non-convertible debentures (NCDs) on a private placement basis.
The funds will be raised in up to 12 tranches.
The remote e-voting period was from June 24 to July 23, 2025.
The raised funds will support the company's capacity expansion.
- Who
- NTPC shareholders approved the raising of funds.
- What
- NTPC received shareholder approval to raise funds through non-convertible debentures.
- When
- The shareholder approval was given on July 24, 2025.
- Where
- N/A
- Why
- To fund the company's capacity expansion through debt.
- Company
- NTPC
- Approval Type
- Shareholder
- Amount to be raised
- ₹18,000 crore
- Funding Method
- Non-convertible debentures (NCDs)
- Placement basis
- Private placement
- Number of Tranches
- Up to 12
- Voting Dates
- June 24 - July 23, 2025