Tata Power Company has informed that in the last few days, some media reports have cited that the Company is mulling an IPO to raise funds for its renewables business. It may be noted that such reports are speculative in nature and the Company has taken no such decision. In the course of the business, the Company evaluates various business options. As and when a decision is taken, the same shall be communicated to the Stock Exchanges as per regulations. This is for the information and records.
The above information is a part of company’s filings submitted to BSE.
