NTPC Limited
13 June 2026
NTPC Limited to Acquire Remaining 26% of NEWS for ₹500,000
NTPC Limited (NSE: NTPC) – Acquisition Announcement
Introduction
NTPC Limited (NSE: NTPC) filed an XBRL announcement on 13 June 2026, reporting the acquisition of the remaining stake in NTPC EDMC Waste Solutions Private Limited (NEWS).
Key Acquisition Details
- Target Entity: NTPC EDMC Waste Solutions Private Limited (NEWS)
- Nature of Consideration: Cash
- Cash Consideration: ₹ 500,000 (total acquisition price)
- Existing Shareholding: NTPC already held 74 % of NEWS; the acquisition adds the remaining 26 %, making NEWS a wholly‑owned subsidiary.
- Percentage of Control Acquired: 26 % (full control after transaction)
- Industry: Waste management and energy generation (the “Waste‑to‑Wealth” business)
- Country of Presence: India
- Indicative Completion Period: Q1 FY 2026‑27
Financial Snapshot of the Target (as disclosed)
- Turnover: ₹ 100,000
- Profit After Tax: ₹ 0
- Net Worth: ₹ ‑33,400,000 (negative)
Strategic Rationale
- The acquisition enables NTPC to consolidate its Waste‑to‑Wealth business under a single, wholly‑owned subsidiary, aligning the operation with NTPC’s broader strategic objectives.
Regulatory & Compliance Highlights
- Related Party Transaction: Yes (the target was previously a joint venture with NTPC as a partner).
- Materiality (RPT): Deemed not material.
- Arms‑Length Transaction: Confirmed true.
- Government/Regulatory Approvals Required: No approvals needed.
- Board Approval for RPT: Obtained on 26 September 2025.
- Transaction Structure: Not executed in tranches; a single cash payment.
Timeline
| Event | Date |
|---|---|
| Incorporation of NEWS | 1 June 2020 |
| Board meeting approving RPT | 26 September 2025 |
| Date of occurrence of event (announcement filing) | 7 May 2026 (16:40 hrs) |
| Expected completion of acquisition | Q1 FY 2026‑27 |
This article presents only the facts disclosed in NTPC Limited’s XBRL announcement dated 13 June 2026.
Original Source Document
View the original exchange filing or announcement.
Proudly crafted in India 🇮🇳
Frism Computing (OPC) Private Limited
#74, 15TH CROSS, JP Nagar III Phase, Bangalore South, Bangalore 560078, Karnataka