Tag: tata motors ncds

Tata Motors approves raising ₹2,000 crore via NCDs – CNBC TV18

The board of Tata Motors Ltd., a leading manufacturer of domestic and commercial vehicles, approved raising a total of ₹2,000 crore through the issue of Non-Convertible Debentures on a private placement basis. These NCDs will be issued in three tranches, each offering a fixed coupon rate of 7.65% annually. Non-Convertible Debentures are fixed-income instruments issued […]

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