NTPC will issue bonus debentures to each of its shareholder amounting to an issue size of Rs 10,306 crore. The company will issue bonus debenture of Rs 12.50 each to every shareholder of equity shares of Rs 10. The debentures will have tenure of 10 years.
ITC has hiked prices of cigarettes by up to 20%. The company has hiked prices to off-set impact of excise duty hikes.
Reliance Capital has allotted 70 lakh equity shares at Rs 530 each to Japan's Sumitomo Mitsui Trust Bank.