Tata Motors Passenger Vehicles Ltd.

Tata Motors has received approval from its authorized Committee to raise Rs 1000 crore via issue of Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCDs),  10,000 NCDs E29-A Series of face value Rs 10,00,000 each, at par, comprising three tranches, of Rs 500 crore, Rs 300 crore and Rs 200 crore. (Tranche I, Tranche II and Tranche III).

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.