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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 10485.65
TVS Motor Company 4250.00
Hero MotoCorp 5166.50
Eicher Motors 7270.35
OLA Electric Mobilit 33.47
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