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NHPC's Rs 6-billion buyback offer to open on January 1

The share repurchase programme will close on January 14, 2019, the hydro power giant said in a regulatory filing

Press Trust of India 

nhpc
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State-owned on Thursday said its offer to buy back 214.2 million at Rs 28 apiece, aggregating to Rs 6 billion, will open on January 1.

The programme will close on January 14, 2019, the hydro power giant said in a regulatory filing.

The company proposes to buy back up to 21,42,85,714 (representing 2.09 per cent of total paid-up equity share capital) at Rs 28 apiece for an aggregate consideration not exceeding Rs 5.9 billion the filing said.

First Published: Fri, December 21 2018. 03:17 IST
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