NTPC LTD. - Outcome of Board Meeting

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23 Dec 2014
NTPC Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 23, 2014, has approved a Scheme of Arrangement for the issuance of secured, non-cumulative, non-convertible, redeemable, taxable fully paid-up bonus debentures of face value of Rs. 12.50 each against each equity shares of Rs. 10.00 (face value) held by its members by utilizing its free reserves pursuant to provisions of Section 391 to 394 of the Companies Act, 1956 and other applicable provisions of the Companies Act, 2013, subject to requisite approvals under applicable laws.<BR><BR>Further, a copy of the Scheme of Arrangement is enclosed.
View all announcements for NTPC LTD.	Source: BSE India

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