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Tata Power to raise funds up to Rs 2,000 crore through Rights Issue

28 Feb 2014 Evaluate

Tata Power, one of India’s largest integrated power companies, has received an approval for raising funds up to Rs 2,000 crore by way of a rights issue of equity shares of face value of Rs 1 each, subject to all applicable statutory and regulatory approvals. The board of directors at its meeting held on February 27, 2014 has approved for the same.

The terms and conditions of the Rights Issue including the rights entitlement ratio, the issue price, issue size, record date, timing of the Rights Issue and other related matters shall be decided subsequently by a duly constituted Committee of the Board.

Tata Power is India's largest integrated power company with a significant international presence. The Company has an installed generation capacity of 8521 MW in India and a presence in all the segments of the power sector viz. Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

Tata Power Share Price

442.80 1.45 (0.33%)
05-May-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 398.70
Tata Power 442.80
Adani Power 229.90
Power Grid Corp 319.30
Torrent Power 1733.40
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