NHPC LTD. - Passing of proposed resolutions through postal ballot
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| 24 Jul 2014 | |
| NHPC Ltd has informed BSE that Competent Authority has approved the proposal for seeking approval of shareholders through postal ballot on the following issues:<br/><br/>1. Authorization to the Board of Directors for mortgaging and/or creating charge on all or any of the movable or immovable assets and / or immovable property of the Company for securing borrowings for the purpose of the Company (pursuant to the provisions of Section 180(1)(a) of the Companies Act 2013 read with relevant rules).<br/><br/>2. Increase in Borrowing Powers up to Rs. 30,000 Crore (pursuant to the provisions of Section 180 (1) (c) and all other provisions of the Companies Act, 2013 read with relevant rules).<br/><br/>3. Issue of Secured / Unsecured redeemable Non-convertible Debentures / Bonds aggregating up to Rs. 2500 Crore through Private Placement (pursuant to the provisions of Section 42, 71 and all other applicable provisions of the Companies Act, 2013 read with relevant rules). | |
| View all announcements for NHPC LTD. | Source: BSE India |
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