Tata Communications has informed that a meeting of the Board of Directors of the company is scheduled to be held on Wednesday, 15 April 2020 through video conferencing, to consider and approve fund raising by way of private placement of Rated, Secured, Listed, Redeemable Non-Convertible Debentures (‘NCDs’) for Rs 500 Crores (Rupees Five Hundred Crores only) + Green Shoe Option of Rs 150 Crores (Rupees One Hundred and Fifty Crores) to be issued and allotted as may be decided by the Board of Directors or a committee.
The above information is a part of company’s filings submitted to BSE.
