Tata Motors Passenger Vehicles Ltd.

Tata Motors has received an approval for subscription, on a private placement basis, up to 10,000 rated, listed, unsecured, redeemable, non convertible debentures of face value of Rs 10 each at par, aggregating up to Rs 1,000 crore comprising of two tranches of debentures of Rs 500 crore each. The board constituted committee at its meeting held on July 26, 2017, has approved for the same.

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.