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Tata Communications raises Rs 1750 crore through NCDs

30 Aug 2023 Evaluate

Tata Communications has raised Rs 1750 crore through allotment of 1,75,000 Rated, Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures (NCDs) having face value of Rs 1 lakh each for a tenor of 3 years, to identified investors on private placement basis. The Financial Resource Raising Committee has on August 29, 2023, approved the allotment of 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 1870.00
Vodafone Idea 11.18
Indus Towers 378.20
Tata Communications 1611.55
Railtel Corp. India 227.50
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