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Август
2023

NTPC inks pact to hive off mining biz to its subsidiary

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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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