Tata Communications planning to raise funds by way of private placement

Tata Communications Ltd. | Telecommunication - Service Provider | Telecom | BSE: 500483 | NSE: TATACOMM

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	1830.95
Vodafone Idea	14.52
Indus Towers	385.50
Tata Communications	1700.60
Railtel Corp. India	268.65
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.