Tata Teleservices (Maharashtra) (TTML) is planning to raise funds up to an aggregate amount of Rs 20,000 crore by issue of one or more types of the securities/instruments/modes, such as Redeemable Preference Shares to the Promoter/s on preferential basis, Non-Convertible Debentures in one or more tranches and/or Inter Corporate Deposit/Loans from the Promoters and/or others.
The meeting of the Board of Directors of the company will be held on August 10, 2018, to consider the same.
Tata Teleservices (Maharashtra) is a part of the Tata Group. This telecom services company has its presence all over Maharashtra and Goa.