NTPC's board plans to consider raising up to Rs 12,000 crore through bond issuance on June 29.
NTPC, India's largest energy conglomerate, announced that its board will consider raising up to Rs 12,000 crore through bond issuance on June 29. The board meeting will discuss issuing secured/unsecured, redeemable, taxable/tax-free, cumulative/non-cumulative, non-convertible debentures up to Rs 12,000 crore, pending shareholder approval at the upcoming Annual General Meeting. The power company's FY24 total income reached Rs 1,81,166 crore, with an increase of nearly 25% in PAT compared to the previous year.
June 25, 2024
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