News Karnataka
Monday, September 27 2021


Tata Motors board approves raising Rs 500 cr via NCDs

Mumbai: The board of Tata Motors has approved the raising of Rs 500 crore through the issuance of non-convertible debentures.

In a regulatory filing, the company said that its duly authorised committee in its meeting on Tuesday approved the issuance of upto 5,000 rated, listed, unsecured, redeemable, Non-Convertible Debentures (NCDs) E30-B Series of face value Rs 10 lakh each.

The deemed date of allotment is July 22, 2021.

Around 3 p.m., its shares on the BSE were trading at Rs 304.20, lower by Rs 4.50 or 1.46 per cent from its previous close.

Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe Newsletter

Get latest news karnataka updates on your email.

error: Content is protected !!