Archive · 24 Jul 2025
NTPC Shareholders Approve ₹18,000 Crore Bond Issuance
NTPC, a big company that makes electricity, got permission from its shareholders to borrow up to 18,000 crore rupees.
They will do this by selling bonds, which are like IOUs.
The money will come in parts, up to 12 times.
People who own shares in the company voted online to agree to this.
The company needs the money to grow and make more electricity, so they're expanding their capacity.
The voting was done remotely, and the process has been completed.
NTPC shareholders approved raising up to ₹18,000 crore via non-convertible debentures.
The funds will be raised in up to 12 tranches through private placement.
Shareholders approved the resolution through remote e-voting.
The cut-off date for voting eligibility was June 20, 2025.
The funds will support NTPC's capacity expansion efforts.
- Who
- NTPC shareholders and NTPC
- What
- NTPC shareholders approved raising up to ₹18,000 crore through non-convertible debentures.
- When
- The remote e-voting started on June 24 and ended on July 23.
- Where
- N/A
- Why
- To fund NTPC's capacity expansion due to major capital expenditure requirements.
- Company
- NTPC
- Amount to be Raised
- ₹18,000 crore
- Type of Debt
- Non-convertible debentures
- Method
- Private Placement
- Tranches
- Up to 12
- Voting Type
- Remote e-voting
- Cut-off Date
- June 20, 2025