Corporate Announcement
Security Code : 533098    Company : NHPC    
 
Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  30/07/2018 17:20:54         Exchange Disseminated Time   30/07/2018 17:21:01              Time Taken   00:00:07
In continuation to our letter of even number dated 20.07.2018 and in compliance to Regulation 30 of SEBI (LODR) Regulations, 2015, it is to inform that the Board of Directors of NHPC Limited in its meeting held today i.e. Monday, 30th July, 2018 (commenced at 2.00 P.M and concluded at 05:05 P.M.) has approved the consideration of the proposal for raising of Rs 500 crore through issuance of debentures/bonds in one or more series/tranches on private placement basis from domestic market and/or to raise term loans from domestic financial institutions/Banks/Inter-corporate Loans in suitable tranches. The proposed issue is out of Rs 2000 crore already approved by the shareholders in the 41st Annual General Meeting of Company held on 27.09.2017.
 

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