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NTPC’s Tax-free Bonds Hit Market

Updated: October 8, 2015 5:30 am

National Thermal Power Corporation’s (NTPC ) Rs 700 crore public issue for tax-free bonds opened last week, of which 40 per cent or Rs 280 crore is reserved for retail investors. The company opened the public issue of Rs 700 crore taxfree bonds on September 23 for which the government had given approval, NTPC Chairman and Managing Director A K Jha told journalists at a press conference recently.

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