Tata Chemicals has raised Rs 1,500 crore through allotment of 1,50,000 listed, unsecured, rated, redeemable, taxable, non-cumulative non-convertible debentures (NCDs), having face value Rs 1,00,000 each, for cash for a tenor of 2 years 364 days.
The NCDs have a fixed rate coupon of 7.06% and have been issued based on multiple yield allotment method.
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.
| Company Name | CMP |
|---|---|
| BASF India | 3693.20 |
| Tata Chemicals | 707.70 |
| SRF | 2474.05 |
| Pidilite Inds. | 1407.65 |
| Deepak Nitrite | 1645.15 |
| View more.. | |
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