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Tata Communications to raise Rs 1,750 crore through NCDs

Tata Communications in a regulatory filing said the isuance will be done on a private placement basis to eligible investors. The company will issue a total of 1,75,000 NCDs of face value Rs 1,00,000 each aggregating to ₹1,750 crore, the filing said.

Tata Communications aims to raise Rs 1,750 cr through NCDs, Telecom News, ET Telecom

Tata Communications: The deemed date of allotment of the NCDs is August 29, 2023 and they will mature after three years of the allotment date.

Tata Communications plans to raise Rs 1,750cr via NCD issuance

Tata Communications in a regulatory filing said the issuance will be done on a private placement basis to eligible investors. The company will issue a total of 175,000 NCDs of face value ₹1,00,000 each aggregating to ₹ 1,750 crore, the filing said.

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