Tata Motors Passenger Vehicles Ltd.

Tata Motors has received approval to raise upto Rs 500 crore through Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) E30-B Series of face value Rs 10,00,000 each, at par on a private placement basis. The board of director at its meeting held on July 20, 2021 has approved 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.