-2.75 (-0.79%) The Government is likely to divest 9.5% of its stake in the largest power generator NTPC on mid of January 2013. The said divestment will be done through Offer for Sale (auction) route. At present, the government holds 84.5% stake in the Maharatna Company. Post-disinvestment, the government stake would come down to 75%.
NTPC became public with an initial public offer in 2004. Thereafter in 2009, the government further diluted its stake in the company through a Follow-on Public Offer (FPO).