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Tata Motors board approves raising Rs 500 cr via NCDs
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SME Times News Bureau | 20 Jul, 2021
The board of Tata Motors has approved the raising of Rs 500 crore through 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 and the redemption date is March 31, 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.
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Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
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66.20
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64.50 |
UK Pound
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87.50
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84.65 |
Euro
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78.25
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75.65 |
Japanese
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56.85 |
As on 13 Aug, 2022 |
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