Tata Chemicals has received an approval to raise funds through issuance of Non-Convertible Debentures (NCDs) on private placement basis, for an amount up to Rs 2,000 crore. The Board of Directors of the Company, at its meeting held on April 29, 2024 approved the same. The Board also authorized an internal committee, to take all actions in respect of finalization of terms of issuance and allotment of NCDs.
Tata Chemicals is the second-largest producer of soda ash in the world with manufacturing facilities in India, UK, Kenya and USA. It is India’s leading crop nutrients player and a leading player in crop protection business through its subsidiary Rallis India.
