NTPC LTD. - 532555 - Board Meeting Outcome for Outcome Of Board Meeting: - Raising Of Funds Through Issue Of Non-Convertible Debentures
The Board of Directors of the Company have, in its meeting held on Saturday, 24th June, 2023, subject to approval of shareholders, approved issue of secured/ unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures ('Bonds/NCDs') up to Rs.12,000 Crore in one or more tranches/series not exceeding 12 (twelve), through private placement in domestic market during the period commencing from the date of passing of special resolution till completion of one year thereof or the date of next Annual General Meeting in the financial year 2024-25, whichever is earlier. Size, tenure, listing details (BSE and/or NSE), Coupon, Security (if applicable) and other details as applicable will be decided at the time of issue of each tranche/series.24-06-2023