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NTPC Ltd. Becomes First PSU to Issue Bonus Debentures;

Dated:- 27-3-2015 - A Replica of the Bonus Debentures Certificate of ₹ 7725.76 Crore and ₹ 2060.75 Crore as Dividend Distribution Tax on the Debentures Presented to the Finance Minister Shri Arun Jaitley A replica of the Bonus Debentures .....

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wer, Government of India, Dr. Arup Roy Choudhury, CMD, NTPC, Shri K. Biswal, Director (Finance), NTPC, Shri I. J. Kapoor, Director (Commercial), NTPC, Shri U. P. Pani, Director (Human Resources), NTPC, Shri S.C. Pandey, Director (Projects), NTPC and .....

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rnment of India has also received ₹ 2060.75 crore as dividend distribution tax on the debentures. NTPC Ltd. has earlier issued, by way of bonus, one fully paid-up, secured debenture of ₹ 12.50 each, for every one fully paid-up equity shar .....

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8.49% p.a. payable annually and has been allotted. The need for issuing bonus debentures was felt sometime in July / August 2014. As on 30th March 2014, the company had free reserves of over ₹ 72000 crores and a cash balance of ₹ 15300 cr .....

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ed for capital optimization. Since Company has entered in its 40th year of incorporation, there was no better way to reward the shareholders than issuing Bonus debentures. Key features of transaction: This was the largest ever Bonus Debenture issue .....

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