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Govt to realise ₹202 cr from NTPC’s offer to staff

NEW DELHI: State-run power major NTPC Ltd on Tuesday said that its employees evinced interest to buy 85% of its 20.6 million shares on offer to them and government

Published on: Jul 6, 2016, 06:53:55 IST
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NEW DELHI: State-run power major NTPC Ltd on Tuesday said that its employees evinced interest to buy 85% of its 20.6 million shares on offer to them and government expects to realise 202 crore from this. “The Employee Offer of NTPC Ltd got an unprecedented response as over 10,800 employees participated in the offer and applied for approximately 1,74,50,000 shares being 85% of 2,06,13,661 shares offered for allotment,” NTPC said in a statement.

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