Archive · 25 Jul 2025
NTPC Gets Approval to Raise Rs 18,000 Crore via NCDs
NTPC, a company owned by the government, is planning to get a lot of money.
They will do this by selling special bonds called NCDs to certain investors.
Shareholders agreed to let them raise up to Rs 18,000 crore.
They will sell these bonds in parts, like selling slices of a pie, over a year.
The shareholders voted online to approve this plan.
The company's board had already discussed and agreed to the plan before asking shareholders.
NTPC received shareholder approval to raise Rs 18,000 crore.
Funds will be raised via non-convertible debentures (NCDs).
The fundraising will occur through private placement.
The issue will involve up to 12 tranches.
Shareholders approved the resolution through remote e-voting.
- Who
- NTPC, a state-owned company.
- What
- NTPC is raising funds through non-convertible debentures (NCDs).
- When
- The shareholder approval was given recently; the notice was issued on June 23, 2025.
- Where
- Information is not available in the article.
- Why
- To raise funds through NCDs.
- Company
- NTPC
- Amount to be Raised
- Rs 18,000 crore
- Type of Securities
- Non-convertible debentures (NCDs)
- Method of Raising Funds
- Private Placement
- Number of Tranches
- Up to 12
- Shareholder Approval Method
- Remote e-voting