The government has put off the proposed share sale of NHPC to its employees citing ‘technical reason’. Earlier, the Centre had said it plans to sell 6.288 crore shares of ₹10 each to eligible employees at a discounted price of ₹20.66 a share. The offer-for-sale, which was originally scheduled to open on September 26 and close on October 3, has been put on hold till further communication, NHPC said in a notice to the exchanges. Analysts will watch NHPC for further developments.
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