Tata Motors board approves fund raise via NCDs
Tata Motors is a USD 35 billion organisation. It is a leading manufacturer of cars, utility vehicles, pick-ups, trucks and buses.
Tata Motors is a USD 35 billion organisation. It is a leading manufacturer of cars, utility vehicles, pick-ups, trucks and buses.
KSSF funding will help DCW to refinance its existing term loans, improve its working capital, enhance its capacity utilization to meet the growing demand.
The country's largest integrated logistics player APSEZ has 11 strategically located ports and terminals.
The current default amount includes principal of Rs 20 crore and interest of Rs 2.03 crore.
It will also seek approval for issuing perpetual debt instruments, including non-convertible debentures (NCDs), for an amount not exceeding Rs 8,000 crore.
The 1,000 non convertible debentures (NCDs) allotted were of the face value.
These will be issued in three tranches of Rs 500 crore, Rs 300 crore and Rs 200 crores.
The filing further said that the NCDs are proposed to be listed on the wholesale debt market segment of the BSE.
Indian companies have garnered over Rs.29,000 crore by issuing non convertible debentures (NCDs) to retail investors in the current fiscal…
Indian companies have garnered over Rs.29,000 crore by issuing non convertible debentures (NCDs) to retail investors in the current fiscal…
