NHPC receives shareholders' approval to raise Rs 3,300 crore in annual general meeting

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  • India

State-owned hydropower giant NHPC has received shareholders' approval to raise Rs 3,300 crore through issuance of bonds in its annual general meeting held on Friday.

The proposal to issue of secured I unsecured, redeemable, non-convertible debentures I bond special aggregating up to Rs 3,300 crore through private placement is approved in the AGM held Thursday with requisite majority, a BSE filing said.

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