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Tata Motors to consider offering of NCDs worth Rs 500 crore

13 Nov 2019 Evaluate

Tata Motors is desirous of offering the Rated, Listed, Unsecured, Redeemable, NCDs aggregating to Rs 500 crore comprising three tranches and in this regard is holding a meeting of its duly constituted Committee of the Board on November 14, 2019. The above issuance is pursuant to the approval of the Board of Directors' resolution passed at its meeting held on October 25, 2019.

Tata Motors is India’s largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.

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