NTPC
Limited
(NSE:
NTPC,
BSE:
532555)
is
coming
up
with
buyback
of
₹2,275
crore
announced
on
02
November
2020.
NTPC
Limited,
formerly
known
as
National
Thermal
Power
Corporation
Limited,
is
engaged
in
the
business
of
generation
of
electricity
and
allied
activities
an
Indian
Public
Sector
Undertaking.
The
company
incorporated
under
the
Companies
Act
1956
and
is
promoted
by
the
Government
of
India.
The
currently
NTPC
share
price
is
hovering
around
₹80-90
level
and
the
buyback
price
is
₹115
which
is
around
the
profit
around
30-35%.
The
investors
will
surely
track
NTPC
share
price
and
buyback
as
well.
NTPC Buyback 2020 Offer Details:
Buyback Record Date: |
13
November
2020
|
Board Meeting Approval: | 02 November 2020 |
Public Announcement: | 02 November 2020 |
Buyback Offer: | ₹2275 Crores |
Buyback Offer Size: | 2.19% |
Number of Shares: |
19,78,91,146
Shares
|
Share Face Value: |
₹10
per
share
|
Buyback Price: | ₹115 per Share |
Buyback Type: | Tender Offer |
NTPC buyback of 19.78 crore equity shares which is around 2.19% of all the existing number of equity shares at a price of ₹115 per equity share. The buyback offer not exceeding of ₹2275 crore of total buyback offer size.
NTPC Buyback Eligible Share Holders:
The investors are eligible of the buyback scheme who have NTPC shares in their Demat account as record date 13 November 2020. Investors can participate in the NTPC Buyback 2020 scheme as per the opening form by selling your shares. The payment will be given as per the accepted shares by the company under the NTPC buyback scheme.
Checkout Current NTPC Shares market price on NSE and BSE: NTPC Live Quote
NTPC Buyback 2020 FAQs:
When
is
NTPC
Buyback
Record
Date?
NTPC
buyback
2020
record
date
is
13
November
2020.
When
is
NTPC
Buyback
announcement
Date?
NTPC
buyback
2020
announcement
date
is
02
November
2020.
What
is
NTPC
Buyback
Price?
The
company
has
fixed
the
price
at
₹115
per
share.
How
to
apply
for
NTPC
Buyback
2020?
As
per
the
record
date
you
need
to
have
NTPC
shares
in
your
demat
account.
You
can
participate
in
buyback
after
having
the
stock
in
your
account.
Note: If anything you want to know about the buyback offer you can refer the NTPC buyback offer documents.