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 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:||
|Share Face Value:||
₹10 per share
|Buyback Price:|| ₹115 per Share
|Buyback Type:||Tender Offer|
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.