4.00 (1.21%) Tata Motors has informed that a meeting of the duly Authorised Committee was held on April 27, 2016, from 11:30 a.m. to 12 noon, approving issuance of privately placed 3,000 Rated, Listed, Unsecured, Redeemable, 8.25% Coupon Non-Convertible Debentures (‘NCDs’) of face value Rs 1,000,000 each, at par, aggregating up to Rs 300 crores.
The above information is a part of company’s filings submitted to BSE.