Tata Steel Ltd.

BSE: 500470 | NSE: TATASTEEL
Large Cap | Steel & Iron Products
168.35
0.20 (0.12%)
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Tata Steel gets nod to raise Rs 3,000 crore via NCDs

Date: 14-02-2025

Tata Steel has received approval for issuance of 3,00,000 Fixed Rate, Unsecured, Redeemable, Rated, Listed, non-convertible debenture (NCDs) of face value Rs 1,00,000 each aggregating to Rs 3,000 crore to eligible investors on a Private Placement basis. The Board of Directors of the company at its meeting held on February 14, 2025, considered and approved 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 and a Fortune 500 company.