Tata Chemicals to Raise Rs 1,700 Crore via Non-Convertible Debentures

Tata Chemicals to Raise Rs 1,700 Crore via Non-Convertible Debentures

Tata Chemicals plans to raise Rs 1,700 crore by issuing 1,70,000 non-convertible debentures (NCDs) of Rs 1 lakh each through private placement. The NCDs will be listed on the NSE’s debt segment, with allotment set for August 20, 2024, and a maturity period of three years. The funds will support the company’s strategic initiatives.

Leave a Comment