NTPC has appointed Dr. Som Nath Sachdeva as a Non-Official Independent Director on its Board for a period of three years. The appointment is effective from the date of notification, July 17, 2026, or until further orders, whichever is earlier. The decision follows an order from the Ministry of Power, reference number 8/4/2020-Th.-1(Part-III)(276348), confirming the President of India's approval.

The company is undertaking necessary actions to finalize the appointment formalities. These steps are in compliance with the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. NTPC stated that requisite disclosures regarding the completion of these formalities will be submitted in due course.

Appointment Details

The notification regarding the new director was submitted to BSE Limited and National Stock Exchange of India Limited. The appointment is classified under the category of Non-Official Independent Director.

The disclosure was made by Ritu Arora, Company Secretary & Compliance Officer of NTPC.

NTPC has announced that its board of directors has approved a proposal to raise ₹12,000 crore through the issuance of Non-Convertible Debentures (NCDs). The fundraising initiative, however, remains contingent on receiving the requisite approval from the company's shareholders before it can be formally executed.

Fundraising Details

The board's approval marks a significant step in NTPC's capital-raising strategy via the debt markets. The key parameters of the proposed fundraise are outlined below:

Next Steps

The proposed NCD issuance will proceed to a shareholder vote, which represents the final regulatory and governance hurdle before the fundraising can be operationalised. The outcome of the shareholder approval process will determine the timeline for the actual issuance of the NCDs.