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Business News/ Companies / News/  Tata Power raises 1,500 cr via NCDs
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Tata Power raises ₹1,500 cr via NCDs

The company has issued 15,000 NCDs worth ₹1,500 crore on 21 November

The NCDs would be listed on WDM (wholesale debt market) segment of NSEPremium
The NCDs would be listed on WDM (wholesale debt market) segment of NSE

New Delhi: Tata Power on Thursday raised 1,500 crore by issuing unsecured, non-cumulative, redeemable, taxable, listed, rated, non-convertible debentures (NCDs) on private placement basis.

The company has issued 15,000 NCDs worth 1,500 crore on November 21, 2019, Tata Power said in a BSE filing.

The NCDs would be listed on WDM (wholesale debt market) segment of NSE, it added.

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This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

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Updated: 21 Nov 2019, 09:06 PM IST
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