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NTPC LTD. - Updates on Offer and allotment of equity shares to eligible employees of NTPC Ltd as per CCEA approval - Employees Offer for Sale


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06 Jun 2014
With reference to the earlier announcement dated May 27, 2014, NTPC Ltd has informed BSE that basis of allotment has been finalized and 34,83,320 equity share will be transfered from Government of India's demat to respective demat accounts of succesful applicants (employees.) <br/><br/>Accordingly, Government of India's share holding in NTPC's would reduce to 6,18,06,14,980 i.e.74.96% of paid-up equity capital of the company from 6,18,40,98,300 shares i.e. 75.00% of paid-up capital of the Company.<br/><br/>Post transfer of equity share to respective demat accounts of employees, these shares will be available for trading.

Source: BSE India

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