Don’t miss the latest developments in business and finance.

Tata Motors plans to raise Rs 400 crore

Image
Capital Market
Last Updated : Jul 29 2016 | 10:28 AM IST

Through private placement of NCDs

Tata Motors announced that a meeting of the duly authorised Committee was held on 28 July 2016, approving offering for subscription on a private placement basis 4,000 Rated, Listed, Unsecured, 8% Coupon, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs. 10,00,000/- each, at par, aggregating upto Rs. 400 crore.

Powered by Capital Market - Live News

More From This Section

First Published: Jul 29 2016 | 10:02 AM IST

Next Story