Tata Mo­tors Plans to Raise .₹ 500 cr Via NCDs

The Economic Times - - Companies: Pursuit Of Profit -

Tata Mo­tors on Thurs­day said its board will meet next week to con­sider rais­ing ₹ 500 crore through pri­vate place­ment of non-con­vert­ible deben­tures (NCDs). “The com­pany is de­sirous of of­fer­ing the sixth se­ries of its rated, listed, un­se­cured, re­deemable, NCDs ag­gre­gat­ing to ₹ 500 crore and in this re­gard is hold­ing a meet­ing of its duly con­sti­tuted Com­mit­tee of the Board on March 2, 2017,” Tata Mo­tors Ltd said in a BSE fil­ing.


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