Mumbai, Jun 3 (UNI) Tata Steel on Wednesday said that company committee of Directors of has tapproved allotment of 4,000 - 8.08 pc p.a Unsecured, Rated, Listed, Redeemable, Floating Coupon, Non-Convertible Debentures.
The face value of NCDs is Rs. 10,00,000 each, for cash aggregating to Rs. 400 crore, to identified investors on private placement basis, on the terms and conditions as mentioned in the Information Memorandum for the said Issue, company said in a filing with BSE.
The NCDs are proposed to be listed on the Wholesale Debt Market (WDM) Segment of BSE Limited.
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