The Government of India’s stake in NTPC has come down from 63.11% to 62.99%, pursuant to issue of shares by the company to its employees. With the allotment and transfer of 94,69,848 shares to employees, the government’s holding in the company has come down from 520,36,08,726 equity shares i.e. 63.11% of total paid-up capital to 519,41,38,878 equity shares i.e. 62.99% of total paid-up capital.
The applications from the eligible employees were received by the NTPC during the Offer Period and allotment of 94,69,848 equity shares to 4,585 successful eligible employees was made on September 19, 2017.
NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.
| Company Name | CMP |
|---|---|
| NTPC | 396.10 |
| Tata Power | 435.70 |
| Adani Power | 203.05 |
| Power Grid Corp | 319.30 |
| Torrent Power | 1622.05 |
| View more.. | |
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