Power articles

NLC board okays buyback at Rs. 88/share

The board of NLC India on Tuesday approved a proposal to buy back 14.19 crore shares at Rs. 88 a share. This buyback represents 9.28 per cent of the total number of equity shares in the paid-up share capital of the company, bringing the size of the buyback offer to Rs. 1,248 crore. The buyback