NTPC Ltd.

NTPC has initiated action for sale of equity shares to the eligible employees by the Government of India (GoI). The offer for sale of share shall remain open from September 11, 2017 to September 13, 2017.

GoI has offered 2,74,02,498 equity shares of Rs 10 each to the eligible employees of the company at discounted price of Rs 159.60 per share (5% discount to the cut off price of Rs168 ,the cut off price for the OFS discovered through the Offer For Sale of equity shares of NTPC carried out by GoI on August 29, 2017 and August 30, 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.