The ₹600-crore buyback offer of NHPC will open on Tuesday (January 1) and close on January 14. The company plans to buy back 21.42 crore equity shares (representing 2.09 per cent of the total number of equity shares in the paid-up share capital of the company) at ₹28 apiece. The buyback will be on proportionate basis through tender offer. Investors whose names appeared on the record books of the company on November 30 can only participate in the offer.

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