NTPC fundraising: Board clears Rs 18,000 crore bond, NCD plan;...

NTPC fundraising: Board clears Rs 18,000 crore bond, NCD plan; postal ballot to follow

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NTPC Ltd's board has approved raising up to Rs 18,000 crore through non-convertible debentures or bonds via private placement in the domestic market. The fundraising will occur in one or more tranches, not exceeding 12, within a year, pending shareholder approval via postal ballot. The cut-off date for determining voting rights is June 21.

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