Tata Steel Ltd.

Tata Steel has received approval from Committee of Directors to raise Rs 1,000 crore and allotted 10,000 - 7.70% Unsecured, Rated, Listed, Redeemable, Floating Coupon, Non Convertible Debentures (NCDs) of face value of Rs 10,00,000 each, to identified investor on private placement basis.

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.