NTPC Green Energy Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
NTPCGREEN · price
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NTPC Green Energy has filed a Nil Statement of Deviation under SEBI Regulation 32, confirming that the company has used its IPO proceeds exactly as outlined in the prospectus with no deviations or variations. The company raised Rs. 10,000 Crore through its IPO on November 26, 2024, and this statement covers the quarter ended March 31, 2025. CARE Ratings Limited, the appointed Monitoring Agency, had also submitted its report on May 14, 2025, confirming no deviation in fund usage. The Audit Committee and auditors have raised no concerns (comments marked Nil). The original statement was submitted on May 21, 2025, with this resubmission made on June 11, 2025 as a standalone intimation.
This is a routine positive compliance filing for retail investors — it confirms proper and transparent use of IPO funds as promised at the time of listing, with no misuse or reallocation. It should have no material impact on the stock price but reassures shareholders about governance discipline.