Tata Motors Passenger Vehicles Ltd.

Tata Motors is planning to offer the fifth series of its rated, listed, unsecured, redeemable, non-convertible debentures (NCDs) aggregating to Rs 500 crore. It will be holding a meeting in this regard of its duly constituted committee of the Board on October 18, 2016.

The above issuance is pursuant to the approval of the shareholders passed vide special resolution at the 71th Annual General Meeting of the Company held on August 09, 2016 and the Board of Directors resolution passed at its meeting held on August 26, 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.