The Government of India, acting through the Ministry of Power, sold 60,38,47,814 equity shares, representing 6.01% of NHPC Limited , via an Offer for Sale (OFS) on June 2 and June 3, 2026. The transaction, conducted through a separate window of the BSE and NSE, reduced the government's holding in the hydroelectric power producer from 67.40% to 61.39%. The gross consideration for the sale amounted to ₹4,362.38 crore.

The President of India, acting through the Ministry of Power, was the seller for this transaction. The offer comprised a base offer size of 3.00% and an oversubscription option of 3.00%, which was exercised. Additionally, up to 90,40,530 equity shares were offered to eligible employees under the Employee Offer. The total equity share capital of the company remains 10,04,50,34,805 shares with a face value of ₹10 each.

Disposal Details

The table below details the shareholding changes following the disposal:

Regulatory Compliance

The sale was conducted pursuant to the master circular number SEBI/HO/MRDPoD2/CIR/P/2024/00181 dated December 30, 2024, and relevant circulars issued by the BSE and NSE. The filing was made in compliance with Regulation 29(2) of the SEBI Takeover Regulations, which requires notification of substantial acquisition or disposal of shares. The government informed the stock exchanges about the sale within two working days as required under Regulation 29(3). The disclosure was also submitted under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

NHPC Limited has opened a special window for the transfer and dematerialization of physical shares, complying with SEBI Circular No. HO/38/131/12/2026 dated 30.01.2026. The window will remain open from 05.02.2026 to 04.02.2027, providing an opportunity for shareholders to convert their physical holdings into electronic form. The company communicated this development through a notification submitted to the stock exchanges on 01 June 2026.

Eligibility Criteria

The special window is available for transfer deeds executed before April 01, 2019. Requests will only be considered if accompanied by the original security certificate along with the transfer deed and other supporting documents. The eligibility matrix is as follows:

Process and Requirements

The securities transferred under this window shall be mandatorily credited to the transferee only in demat mode. These shares will be available for transfer for a period of 01 year from the date of registration of transfer. Investors wishing to avail this facility must submit their requests along with specified documents to the Registrar and Share Transfer Agent (RTA), M/s KFIN Technologies Limited, at Sales Building, Tower B, Plot No. 31 & 32, Financial District, Naraina, New Delhi, 110028, Hyderabad/Rangareddy, Telangana-500032.

Publication Details

The notice regarding the special window was published in the following newspapers on Saturday, 30 May 2026:

NHPC Limited, a Government of India Navratna Enterprise, operates in the hydroelectric power generation sector. The company is listed on BSE Limited and National Stock Exchange of India Limited.