-10.20 (-2.87%) NTPC has informed that in accordance with the approval accorded by Cabinet Committee on Economic Affairs on May 13, 2015, Government of India (GOI) has offered 20,613,661 Equity Shares of Rs 10 each to the eligible employees of NTPC at discounted price of Rs 115.90 per share i.e. 5% discount to the cut off price of Rs 122 discovered through the Offer For Sale of equity shares of NTPC carried out by GOI on February 23, 2016 & February 24, 2016. In connection with the above, action has been initiated by the Company for sale of equity shares to the eligible employees by the GOI. The offer for sale of share shall remain open tentatively from June 27, 2016 to July 05, 2016.
The above information is a part of company’s filings submitted to BSE.