Tata Motors Passenger Vehicles Ltd.

Tata Motors is planning to raise Rs 1,000 crore through issue of debentures. The company is desirous of offering rated, listed, unsecured, redeemable, non-convertible debentures aggregating Rs 1,000 crore in three tranches. In this regard the company is planning to hold a meeting of its duly constituted committee of the board on May 5, 2020.

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.