Government of India allots 3483320 shares to eligible employees of NTPC Ltd

The basis of allotment has been finalized and 34,83,320 equity share of NTPC Ltd will be transfered from Government of India's demat to respective demat accounts of succesful applicants (employees.)

Accordingly, Government of India's share holding in NTPC's would reduce to 6,18,06,14,980 i.e.74.96% of paid-up equity capital of the company from 6,18,40,98,300 shares i.e. 75.00% of paid-up capital of the Company.

Post transfer of equity share to respective demat accounts of employees, these shares will be available for trading.

Shares of NTPC LTD. was last trading in BSE at Rs.165.4 as compared to the previous close of Rs. 164.25. The total number of shares traded during the day was 1879066 in over 16590 trades.

The stock hit an intraday high of Rs. 168.8 and intraday low of 162.65. The net turnover during the day was Rs. 309471967.

Source : Equity Bulls

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