Tata Steel Ltd.

BSE: 500470 | NSE: TATASTEEL
Large Cap | Steel & Iron Products
185.90
0.40 (0.22%)
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Tata Steel raises Rs 510 crore via NCDs

Date: 22-04-2020

Tata Steel has raised Rs 510 crore and allotted 5,100 - 7.85% Unsecured, Redeemable, Rated, Listed Non-Convertible Debentures (NCDs) having face value of Rs 10 lakh each to identified investor on private placement basis. The NCDs are proposed to be listed on the Wholesale Debt Market (WDM) Segment of BSE.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.