Shares of NTPC Ltd traded flat after hitting a day’s excessive of Rs 331.50 on twenty ninth August. This occurred as the corporate introduced that its board of administrators had authorised a partial modification to the switch of its coal mining enterprise to its wholly owned subsidiary, NTPC Mining Restricted (NML).
NTPC’s coal mining enterprise reported income of Rs 7,735.54 crore in FY 2024-25. This made up 4.05% of its whole consolidated income of Rs 1,90,862.45 crore. The corporate had a internet value of Rs 3,150.98 crore as of thirty first March, 2025. This determine accounts for 1.72% of NTPC’s total internet value of Rs 1,82,881.09 crore.
The switch will probably be carried out by means of an Amended Enterprise Switch Settlement (BTA), to be signed on or earlier than thirtieth September, 2025. Completion is predicted inside three hundred and sixty five days, topic to approval. NML can pay Rs 10,503.27 crore to NTPC in phases. It will align with the progressive switch of coal mines and blocks.
The deal, handled as a related-party transaction, will probably be accomplished at guide worth primarily based on audited monetary statements. It has been cleared by each the Audit Committee and the board. The switch encompasses six coal blocks, together with their belongings and liabilities. These will probably be transferred to NML on a droop sale foundation as a going concern.
At 11:44 AM, the shares of NTPC Ltd have been buying and selling 0.54% decrease at Rs 329 on NSE.
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