the Board of NHPC approves the buy back by the Company of its fully paid-up equity shares of Rs.10/- each not exceeding 21,42,85,714 (Twenty One Crore Forty Two Lakh Eighty Five Thousand Seven Hundred Fourteen) equity shares (representing 2.09% of the total number of equity shares in the paid-up share capital of the Company) at a price of Rs. 28/- (Rupees Twenty Eight only) per equity share (the Buy Back Offer Price) payable in cash for an aggregate consideration not exceeding Rs.599,99,99,992/- (Rupees Five Hundred Ninety Nine Crore Ninety Nine Lakh Ninety Nine Thousand Nine Hundred Ninety Two only)
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