Tata Steel raises Rs 1,000 cr via NCDs
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Update time : 2020-05-20 18:47:26
Tata Steel on Wednesday said its committee of directors has approved allotment of non-convertible debentures (NCDs) worth Rs 1,000 crore on private placement basis.
"The Committee of Directors has today approved allotment of 10,000 –- 8.25 per cent unsecured, rated, listed, redeemable, NCDs of face value Rs 10,00,000 each, for cash aggregating to Rs 1,000 crore, to identified investor on private placement basis,...
