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BSE: 532555 Sector: Infrastructure
NSE: NTPC ISIN Code: INE733E01010
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NSE 05:30 | 01 Jan NTPC Ltd

Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations An

March 20, 2020, 5:28 pm | Source: BSE

In compliance with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 and in continuation of our disclosure dated January 27 2020 this is to inform that the Board of Directors has in its meeting held on March 19 2020 accorded approval for acquisition of entire stake of the Government of India in THDC India Limited (THDCIL) and North Eastern Electric Power Corporation Ltd. (NEEPCO) representing 74.496% of the total paid up share capital of THDCIL and 100% of the total paid up share capital of NEEPCO. The Board has authorized the Chairman & Managing Director to negotiate and finalize the cost of acquisition.
The cost of acquisition for above referred acquisitions and other details shall be notified upon finalization.