Tata Motors Passenger Vehicles Ltd.

BSE: 500570 | NSE: TMPV
Large Cap | Automobiles - Passenger Cars
335.80
4.00 (1.21%)
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Tata Motors to raise Rs 400 crore through NCDs

Date: 26-07-2016

Tata Motors, the country’s largest automotive player, is planning to raise Rs 400 crore through issuance of non-convertible debentures (NCDs).  The company will approach shareholders at its annual general meeting scheduled on August 13, 2016.

Tata Motors is India's largest automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands.