NHPC shares down over 4%

New Delhi: NHPC shares fell more than four per cent on Thursday after the central government announced an offer for sale of the company’s shares. NHPC was trading at Rs 69.80 down 4.4 per cent on BSE.

The President of India, acting through and represented by the Ministry of Power, Government of India proposes to sell 2.50 per cent of the paid-up equity (equivalent to 251,125,870 equity shares) shares held in NHPC Ltd having a face value of Rs 10/- each on January 18, 2024 (T day) (for non-Retail investors only) and on January 19, 2024 (T+1 Day) (for Retail Investors.