NHPC LTD. - 533098 - Updates on Notice of Offer for Sale of Shares by Promoter
The President of India, acting through and represented by the Ministry of Power, Govemment of India (the "Seller") has informed BSE that :"We refer to the Notice dated January 17, 2024 sent by the Seller to the BSE Limited and National Stock Exchange of India Limited ("Stock Exchanges"), whereby the Seller proposed to sell 2.50% of the paid-up equity (equivalent to 251,125,870 equity shares) shares held in the Company) having a face value of Rs. 10/- each ("Base Offer Size") on January 18, 2024 ("T day") (for non-Retail Investors only) and on January 19, 2024 ("T+1 Day") (for Retail Investors and for non-Retail Investors who choose to carry forward their un-allotted bids from T day) with an option to additionally sell up to 100,450,348 equity shares (representing 1.00% of the paid-up equity share capital of the Company (the "Oversubscription Option", the equity shares forming part of the Base Offer Size and the Oversubscription Option will, collectively, hereinafter be referred to as "OfferShares") through a separate, designated window of the NSE, the designated stock exchange, collectively up to 351,576,218 equity shares (representing 3.50% of the total paid up equity share capital of the Company) as on December 31, 2023 (held in dematerialized form in one or more demat accounts with the relevant depository participant) in accordance with the SEBI OFS Circular and the notices and circulars issued by the Stock Exchanges, from time to time, in this regard (such offer for sale hereinafter referred to as the "Offer").In this connection, we wish to intimate the Stock Exchanges...18-01-2024
