ntpc: NTPC inks pact to hive off mining biz to its subsidiar

ntpc: NTPC inks pact to hive off mining biz to its subsidiary

The consideration of this transaction is Rs 7,794.99 crore, based on book value as per the Audited Financials as of March 31, 2023, payable through a combination of cash/ equity shares/ debt liability. The consideration shall be adjusted based on the revised balance sheet of the coal mining business -- on the date of completion of the transfer of the business.

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New Delhi , Delhi , India , , Audit Committee , Mining Ltd , Business Transfer , Audited Financials , Coal Mining Business , Ntpc , Ntpc Ltd , Tnml , Ntpc Mining Ltd ,

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