Tata Motors Passenger Vehicles Ltd.

Tata Motors’ board has approved allotment of 5000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) E30-B series of face value Rs 10,00,000 each at par aggregating Rs 500 crores on private placement basis. .

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.