Announced Thu, 17 Sept, 2026 · 20:49 IST
NTPC invokes about Rs 91 crore guarantees against G R Infra
GRINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹830.85
prior close
₹823.15
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.6+0.2+0.6-1.3-2.6-0.5-2.4-2.3-2.5————
Up moveDown movePending
AI summary
NTPC Limited has invoked a Mobilization Advance Bank Guarantee of about Rs 49.53 crore issued by HDFC Bank and three Insurance Performance Surety Bonds totaling about Rs 41.34 crore from Bajaj General Insurance, together around Rs 90.86 crore. This is tied to three NTPC contracts that G R Infraprojects terminated on 15 September 2026. The company is evaluating legal and contractual remedies. No material impact on business operations has been reported.
Likely market impact
Negative: about Rs 91 crore in guarantees invoked by client NTPC; legal remedies being evaluated; no operational impact stated yet