StockWatch
·
Power Generation
Shareholding5 Jun 2026, 10:51 am

NHPC Ltd: President of India Sells 3% Stake via OFS

AI Summary

The President of India, through the Ministry of Power, is divesting up to 3.00% of its equity stake in NHPC Ltd, representing 30,13,51,044 shares. The Offer for Sale (OFS) will take place on June 2, 2026, for non-retail investors and on June 3, 2026, for retail investors. There is an option to sell an additional 3.00%, bringing the total potential divestment to 6.00%. Additionally, up to 90,40,530 shares may be offered to eligible employees. This transaction is being conducted through a designated window on the BSE and NSE as per SEBI Takeover Regulations and OFS Guidelines.

Key Highlights

  • President of India selling up to 3% stake in NHPC Ltd.
  • Offer for Sale (OFS) to be conducted on June 2-3, 2026.
  • Option to sell an additional 3%, total up to 6%.
  • Employee share allocation also included in the offer.
  • Transaction complies with SEBI Takeover Regulations.