Tata Steel has received approval from Committee of Directors to raise Rs 1,025 crore, 10,250 - 7.85% Unsecured, Redeemable, Rated, Listed Non-Convertible Debentures having face value of Rs 10,00,000 each, to identified investors on private placement basis. The NCDs are proposed to be listed on the Wholesale Debt Market (WDM) Segment of BSE.
Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.
