Tata Steel has received approval for the issuance of 2,70,000 Fixed Rate, Unsecured, Redeemable, Rated, Listed, Non-convertible debentures (NCDs) of face value Rs 1,00,000 each aggregating to Rs 2,700 crore. The Committee of Directors (constituted by the Board of Directors of the company), at its meeting held on March 19, 2024, considered and approved the same.
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.
