NHPC Limited - Clarification

NHPC Limited with respect to announcement dated 20-Oct-2020, regarding Merger / Amalgamation of Lanco Teesta Hydro Power Limited with NHPC Limited. On basis of above the Company is required to clarify following: 1. Brief details of change in shareholding pattern (if any) of listed entity. 2. Name of the entity (ies) forming part of the amalgamation/merger, details in brief such as, size, turnover etc.; 3. Whether the transaction would fall within related party transactions? If yes, whether the same is done at arms length; 4. Area of business of the entity (ies); 5. Rationale for amalgamation/ merger; 6. In case of cash consideration amount or otherwise share entitlement/exchange ratio; The response of the Company is awaited.

Oct 23, 2020 12:10 IST capital market

NHPC Limited with respect to announcement dated 20-Oct-2020, regarding Merger / Amalgamation of Lanco Teesta Hydro Power Limited with NHPC Limited. On basis of above the Company is required to clarify following: 1. Brief details of change in shareholding pattern (if any) of listed entity. 2. Name of the entity (ies) forming part of the amalgamation/merger, details in brief such as, size, turnover etc.; 3. Whether the transaction would fall within related party transactions? If yes, whether the same is done at arms length; 4. Area of business of the entity (ies); 5. Rationale for amalgamation/ merger; 6. In case of cash consideration amount or otherwise share entitlement/exchange ratio; The response of the Company is awaited.

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