Tata Steel Ltd.

Tata Steel has raised Rs 2,700 crore through allotment of 2,70,000 - 7.79% Fixed rate, Unsecured, Redeemable, Rated, Listed, Non-Convertible Debentures (NCDs) having face value Rs 1,00,000 each, for cash, for a tenor of 3 years, to identified investors on private placement basis. The NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE. The Committee of Directors of the Board at their meeting held on March 27, 2024, has approved allotment of the same. 

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.