Tata Teleservices (Maharashtra) (TTML) has received an approval to raise funds up to an amount of Rs 2,500 crore by issue of Non-Convertible Debentures (NCDs), in one or more tranches, by way of Private Placement, subject to the approval of shareholders of the company. The board of directors at their meeting held on January 29, 2015 has approved for the same.
Tata Teleservices Maharashtra (TTML) is a part of the Tata Group. This telecom services company has its presence all over Maharashtra and Goa. Tata Docomo currently has presence in over 13,690 villages and 660 towns taking the total network footprint to over 11,700 sites in Tamil Nadu.
