Tata Group firm Tata Teleservices Maharashtra (TTML) today said it will raise $250 million (nearly Rs 1,201.74 crore) from domestic and foreign markets by issuing shares and bonds.

The board of directors would seek shareholders' approval to raise $250 million through Foreign Currency Convertible Bonds, American Depository Receipts and Global Depository Receipts, TTML said in a filing to the Bombay Stock Exchange.

BSE  |  NSE Price

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Shares of Tata Teleservices Maharashtra were trading at Rs 35.95 on BSE, up 1.84 per cent from previous close.

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