NTPC: Power giant seeks shareholder's nod to raise up to Rs 18,000 crore via bonds; voting begins 24 June
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NTPC, the state-owned power giant, plans to raise up to ₹18,000 crore through private placement of bonds or non-convertible debentures (NCDs) in the domestic market. A postal ballot notice has been issued to seek shareholders’ approval via e-voting for the fundraising. The funds will support NTPC's aggressive capacity expansion, working capital needs, and other corporate purposes. What's Your Reaction?
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