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NHPC Limited Transfers Equity Shares to IEPF Authority

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NHPC Limited Transfers Equity Shares to IEPF Authority

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NHPC Limited ( (IN:NHPC) ) just unveiled an update.

NHPC Limited announced the publication of a notice to its equity shareholders regarding the transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This move, in compliance with SEBI regulations, was communicated through newspaper advertisements in Business Standard editions. The transfer of shares to the IEPF Authority is a regulatory requirement that ensures unclaimed dividends and shares are managed appropriately, reflecting NHPC’s adherence to statutory obligations and potentially impacting shareholder equity management.

More about NHPC Limited

NHPC Limited operates in the energy sector, primarily focusing on the generation of electricity through hydroelectric power plants. The company plays a significant role in the Indian power industry, contributing to the country’s renewable energy capacity.

Average Trading Volume: 1,010,914

Technical Sentiment Signal: Sell

Current Market Cap: 768.1B INR

For a thorough assessment of NHPC stock, go to TipRanks’ Stock Analysis page.

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