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TVS Motor gets nod to raise Rs 500 crore via NCDs

15 May 2020 Evaluate

TVS Motor Company has received approval from Board of Directors to raise Rs 500 crore Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures (NCDs), 5000 NCDs of face value Rs 10,00,000 each on Private Placement of NCD.

TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.

Peers
Company Name CMP
Bajaj Auto 9650.00
TVS Motor Company 3860.00
Hero MotoCorp 4860.00
Eicher Motors 6790.00
OLA Electric Mobilit 34.50
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