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News article on profit growth and buyback date is factually incorrect, company clarifies

NTPC has called a news article on AD HOC NEWS claiming "7.43 Percent Profit Growth" and a buyback date factually incorrect and misleading.

By ScoutQuest · Tue 20 Oct 2026, 6:30 PM IST · 1 min read

What the company said

NTPC has written to the BSE and the NSE about a news article published on the website of AD HOC NEWS, headlined "NTPC Posts 7.43 Percent Profit Growth; Buyback Sets Date for NTPC Stock".

The company's words are direct: the information in the article is "factually incorrect and misleading", and "the statements made therein do not correspond with any disclosure made by NTPC Limited to the stock exchanges."

• The article referred to a 7.43 Percent profit growth figure and to a buyback date
• The company says none of this matches what it has disclosed to the exchanges
• It is taking up the matter with the publisher for appropriate corrective action
• Investors and stakeholders are advised to rely only on information the company puts out through official exchange updates and its own website

What kind of letter this is

This is a clarification, not a fresh business update. The company is responding to something written by an outside publisher and telling readers where its own confirmed information sits.

For anyone tracking NTPC, the practical takeaway is simple: treat numbers and dates attributed to the company in that article with caution, and check the company's own exchange updates or website for what it has actually disclosed.

Why companies issue such letters

Listed companies are expected to respond when publicly circulated information about them does not match their own disclosures, so that investors are not misled. This letter does that job by naming the article, stating clearly that it does not reflect any exchange disclosure, and pointing readers back to official sources.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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