{"id":381842,"date":"2020-11-03T08:39:15","date_gmt":"2020-11-03T03:09:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381842"},"modified":"2020-11-03T09:26:49","modified_gmt":"2020-11-03T03:56:49","slug":"ntpc-to-buy-back-shares-worth-rs-2275-cr-as-part-of-restructuring-plan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpc-to-buy-back-shares-worth-rs-2275-cr-as-part-of-restructuring-plan\/","title":{"rendered":"NTPC to buy back shares worth Rs 2,275 cr as part of restructuring plan"},"content":{"rendered":"<p>India\u2019s largest power generating company, state-owned NTPC, on Monday received the board\u2019s approval for a share buyback. The board of directors approved the buyback of up to 197.8 million equity shares for Rs 2,275.74 crore, as part of capital restructuring, said the company in a statement. <\/p>\n<p>In a filing with the BSE, NTPC said: \u201cThe board of directors of the company in a meeting held on November 2, 2020, has inter-alia approved buyback of the fully paid-up equity shares of the company of face value of Rs 10 each.\u201d The board approved the proposal for buying back 197.8 million fully paid-up equity shares at Rs 115 per unit for an aggregate consideration not exceeding Rs 2,275.75 crore, according to the filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s largest power generating company, state-owned NTPC, on Monday received the board\u2019s approval for a share buyback. The board of directors approved the buyback of up to 197.8 million equity shares for Rs 2,275.74 crore, as part of capital restructuring, said the company in a statement. In a filing with the BSE, NTPC said: \u201cThe board of directors of the company in a meeting held on November 2, 2020, has inter-alia approved buyback of the fully paid-up equity shares of the company of face value of Rs 10 each.\u201d The board approved the proposal for buying back 197.8 million fully [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-381842","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=381842"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381842\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}