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NTPC LimitedOthers, 13-03-2025: Security Cover Certificate

13-03-2025 · 03:04 pm

National Thermal Power Corporation Limited (NTPC) has reported that as of December 31, 2024, it maintains a healthy security cover ratio of 5.49 times the market value of assets against its non-convertible debentures (NCDs) as per the certification of its auditors. This substantial security cover indicates strong financial health and a solid backing for its borrowing, reassuring creditors and stakeholders of the company's ability to meet its financial obligations. Investors may view this announcement positively, bolstering confidence in NTPC's financial stability and operational integrity.

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