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Tata Communications planning to raise funds by way of private placement

13 Apr 2020 Evaluate
Tata Communications is planning for fund raising by way of private placement of Rated, Secured, Listed, Redeemable Non-Convertible Debentures (NCDs) for Rs 500 crore + Green Shoe Option of Rs 150 crore to be issued and allotted as may be decided by the Board of Directors or a committee. The meeting of the Board of Directors of the company is scheduled to be held on April 15, 2020, to consider the same.

Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.
Peers
Company Name CMP
Bharti Airtel 2092.00
Jio Platforms 1396.35
Vodafone Idea 12.98
Indus Towers 386.70
Tata Communications 1744.30
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