Wednesday, November 04, 2020

NTPC Buyback 2020 Record Date, Buyback Price & Details


NTPC Limited (NSE: NTPC, BSE: 532555) is coming up with buyback of ₹2,275 crore announced on 02 November 2020. NTPC Limited, formerly known as National Thermal Power Corporation Limited, is engaged in the business of generation of electricity and allied activities an Indian Public Sector Undertaking. The company incorporated under the Companies Act 1956 and is promoted by the Government of India. The currently NTPC share price is hovering around ₹80-90 level and the buyback price is ₹115 which is around the profit around 30-35%. The investors will surely track NTPC share price and buyback as well.


NTPC


NTPC Buyback 2020 Offer Details:

 Buyback Record Date:
  13 November 2020
 Board Meeting Approval:   02 November 2020
 Public Announcement:   02 November 2020
 Buyback Offer:   ₹2275 Crores
 Buyback Offer Size:   2.19%
 Number of Shares:
  19,78,91,146 Shares
 Share Face Value:
  ₹10 per share
 Buyback Price:   ₹115 per Share
 Buyback Type:   Tender Offer
NTPC buyback of 19.78 crore equity shares which is around 2.19% of all the existing number of equity shares at a price of ₹115 per equity share. The buyback offer not exceeding of ₹2275 crore of total buyback offer size.

NTPC Buyback Eligible Share Holders:


The investors are eligible of the buyback scheme who have NTPC shares in their Demat account as record date 13 November 2020. Investors can participate in the NTPC Buyback 2020 scheme as per the opening form by selling your shares. The payment will be given as per the accepted shares by the company under the NTPC buyback scheme.

Checkout Current NTPC Shares market price on NSE and BSE: NTPC Live Quote

NTPC Buyback 2020 FAQs:


When is NTPC Buyback Record Date?
NTPC buyback 2020 record date is 13 November 2020.

When is NTPC Buyback announcement Date?
NTPC buyback 2020 announcement date is 02 November 2020.

What is NTPC Buyback Price?
The company has fixed the price at ₹115 per share.

How to apply for NTPC Buyback 2020?
As per the record date you need to have NTPC shares in your demat account. You can participate in buyback after having the stock in your account.

Note: If anything you want to know about the buyback offer you can refer the NTPC buyback offer documents.