Tata Power raises Rs 900 cr through non-convertible debentures
Tata Power has raised Rs 900 crore through issuance of non-convertible debentures (NCDs)
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Tata Power | File photo
Tata Power has raised Rs 900 crore through issuance of non-convertible debentures (NCDs).
The company issued 9,000 unsecured, redeemable, taxable, listed, rated NCDs worth Rs 900 crore on Tuesday, a BSE filing said.
The series-I debentures worth Rs 400 crore would mature on February 23, 2024, while series-II debentures of Rs 500 crore would mature on February 23, 2026, it said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Topics : Tata Power Non convertible debentures Markets
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First Published: Feb 24 2021 | 4:31 PM IST