Moneycontrol
Jul 26, 2017 08:55 PM IST | Source: Moneycontrol.com

Tata Motors (D): Outcome of committee meeting

We hereby inform that a meeting of the duly authorised Committee was held today on July 26, 2017, from 4:45 p.m. to 5:15 p.m.

Tata Motors (D): Outcome of committee meeting
In furtherance to our letter dated July 21, 2017 and pursuant to the provisions of Regulation 30 (2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Regulations') read together with Para A of Part A of Schedule III of the Regulations, we hereby inform that a meeting of the duly authorised Committee was held today on July 26, 2017, from 4:45 p.m. to 5:15 p.m. approving offering for subscription, on a private placement basis, up to 10,000 Rated, Listed, Unsecured, Redeemable, Non-Convertible Debentures ('NCDs') E27-I Series of face value ?10,00,000/- each, at par, aggregating up to ?1,000 crores comprising of two tranches of Debentures of ?500 crores each.

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