NTPC Offer for Sale on February 7, 2013

The President of India, acting through and represented by the Ministry of Power, Government of India (the "Promoter") (the "Seller") has announced an offer for Sale of 78,32,62,880 equity shares of the face value of Rs. 10 each ("Sale Shares"), aggregating to approximately 9.50% of the paid up equity share capital of NTPC Ltd (the "Company"), by Promoter through a sale on the separate window provided by the BSE Ltd. & NSE Ltd. (the "Stock Exchanges") for this purpose.

The Sale shall take place on the separate window of the Stock Exchanges and shall commence on February 07, 2013 at 9.15 AM and shall close on the same day at 3.30 PM Indian Standard Time ("Sale Date").

The NTPC Ltd stock was trading at Rs.155.60, up by Rs.0.25 or 0.16%. The stock hit an intraday high of Rs.157.60 and low of Rs.154.05.

The total traded quantity was 1.52 lakhs compared to 2 week average of 1.79 lakhs.

Source : Equity Bulls

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