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| Exchange Disseminated Time 06/09/2016 12:53:37 | NHPC Ltd has informed BSE that in accordance with the approval accorded by Cabinet Committee of Economic Affairs on September 10, 2014, Government of India (GOI) has offered 62881397 equity shares of Rs. 10/- each to the eligible employees of NHPC Limited at discounted price of Rs. 20.66/- per share i.e. 5% discount to the cut off price of Rs. 21.75/- discovered through Offer for sale of equity shares of NHPC Limited carried out by GOI on April 27, 2016 and April 28, 2016.
In connection with the above, action has been initiated by the Company for sale of equity shares to the eligible employees by GOI. The offer for sale of shares tentative to be launched in second/third week of September, 2016. |
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