rediff.com
REAL-TIME QUOTE
Enter Company or MF
e.g. Tata motors, Reliance MF, 500570
NTPC LTD. - Fixes Record Date for Scheme of Arrangement
Download announcement < Back
12 Mar 2015
with reference to announcement dated December 23, 2014, NTPC Ltd has informed BSE that the Scheme of Arrangement (Scheme) under sections 391 to 394 of the Companies Act, 1956 between NTPC Limited and its Members for issue of one secured, non-cumulative, non-convertible, redeemable, taxable, fully paid-up bonus debentures out of free reserves having face value of Rs. 12.50 each for every one fully paid-up equity share of face value of Rs. 10/- has been approved by Ministry of Corporate Affairs vide order dated March 2, 2015, received on March 11, 2015. With the filing of the order with Registrar of Companies NCT of Delhi and Haryana on March 11, 2015, the Scheme has become effective. &lt;BR&gt;&lt;BR&gt;Further, the Company has fixed March 23, 2015, as the record date for determining the members/shareholders to whom the Debentures will be allotted in terms of this Scheme.
View all announcements for NTPC LTD. Source: BSE India