NTPC 50th AGM Approves ₹12,000 Crore NCD Issuance

Meeting Details

The 50th Annual General Meeting of NTPC Limited was held on Thursday, 27th August 2026 at 10:30 A.M. through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting was chaired by Shri Gurdeep Singh, Chairman & Managing Director. All members of the Board of Directors were present, including the Chairpersons of the Audit Committee, Nomination and Remuneration Committee (including PRP), Stakeholder Relationship Committee, and Risk Management Committee. Representatives of Joint Statutory Auditors and Secretarial Auditor were also present.

Attendance

281 members attended the meeting, including a representative of the President of India.

Voting Arrangements

The Company appointed Shri Amit Kaushal, Partner of M/s A. Kaushal & Associates, Company Secretaries, as the scrutinizer for remote e-voting and e-voting during the AGM. Remote e-voting was available from Monday, 24th August 2026 at 9:00 AM (IST) to Wednesday, 26th August 2026 until 5:00 PM (IST). E-voting facility was also made available during the meeting for members who did not cast their vote through remote e-voting. The facility remained open for 15 minutes after the meeting concluded at 12:00 P.M.

Business Transacted

The following resolutions from the AGM Notice dated 3rd August 2026 were transacted:

• Item 1: Ordinary Resolution to consider and adopt the Audited Standalone Financial Statements for FY ended 31st March 2026, reports of Board of Directors and Auditors, and Comments of C&AG
• Item 2: Ordinary Resolution to consider and adopt the Audited Consolidated Financial Statements for FY ended 31st March 2026, report of Auditors, and Comments of C&AG
• Item 3: Ordinary Resolution to confirm payment of interim dividends and declare final dividend for financial year 2025-26
• Item 4: Ordinary Resolution to appoint Shri Shanmugha Sundaram Kothandapani (DIN: 10347322), Director (Projects), who retires by rotation
• Item 5: Ordinary Resolution to appoint Shri Ravindra Kumar (DIN: 10523088), Director (Operations), who retires by rotation
• Item 6: Ordinary Resolution to authorize the Board of Directors to decide and fix remuneration of Statutory Auditors for FY 2026-27
• Item 7: Ordinary Resolution to ratify remuneration of Cost Auditors for FY 2026-27
• Item 8: Special Resolution to raise funds up to ₹12,000 Crore through issue of Non-Convertible Debentures (NCDs/Bonds) on Private Placement basis
• Item 9: Special Resolution to appoint Dr. Som Nath Sachdeva (DIN: 11837324) as an Independent Director

Financial and Operational Overview

The Chairman & Managing Director addressed members and provided an overview of the financial and operational performance of the Company for the financial year ended 31st March 2026, along with the outlook.

Auditor Reports

The Company Secretary informed members about the unmodified report of the Statutory Auditors and nil comments from the C&AG. Shareholders were briefed about the "Emphasis of Matter" contained in the Independent Auditors' Report and the observations of the Secretarial Auditor along with management's response.

Shareholder Engagement

The Chairman invited registered speakers to ask queries and provided responses to their questions. The meeting concluded with a vote of thanks proposed by the Director (Finance).

Result Publication

The result of the voting will be hosted on the Company's website, CDSL, and both Stock Exchanges within the statutory time limit.