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Allotment of Non-Convertible Debentures

4th Oct 2016 14:47

RNS Number : 6701L
Tata Steel Limited
04 October 2016
 

 

October 4, 2016

 

London Stock Exchange

London

 

 

Dear Sirs/Madam,

Sub: Allotment of Non-Convertible Debentures (NCDs)

 

This has reference to our letter dated September 29, 2016 with respect to issuance of NCDs on private placement basis.

 

In this connection, we wish to inform you that the Committee of Directors today allotted 8.15%, Unsecured, Redeemable Non-Convertible Debentures having a face value of INR 10,00,000 each for cash aggregating to INR 1,000 crore, on a private placement basis, to certain identified investors.

 

This disclosure is made in terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

 

This is for your information and records.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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