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Language , Updated: Aug 8, 2022, 6:57 PM
New Delhi, Aug 8 (PTI) State-owned energy corporate NTPC will search shareholders’ popularity of elevating as much as Rs 12,000 crore by way of issuing non-convertible debentures (NCDs) on the Annual General Meeting (AGM) on August 30. According to the attention of the AGM, the volume raised in a number of installments (no longer exceeding 12 instalments) via non-public placement will likely be used for capital expenditure, operating capital and basic business functions. The corporate’s board of administrators had authorized the proposal on July 29, 2022.
New Delhi, Aug 8 (PTI) State-owned energy corporate NTPC will search shareholders’ popularity of elevating as much as Rs 12,000 crore by way of issuing non-convertible debentures (NCDs) on the Annual General Meeting (AGM) on August 30.
According to the attention of the AGM, the volume raised in a number of installments (no longer exceeding 12 instalments) via non-public placement will likely be used for capital expenditure, operating capital and basic business functions.
The corporate’s board of administrators had authorized the proposal on July 29, 2022.
