New Delhi: The Committee of Directors of Tata Steel Limited has today approved allotment of 4,000 – 8.08% p.a Unsecured, Rated, Listed, Redeemable, Floating Coupon, Non-Convertible Debentures of face value Rs. 10,00,000/- each, for cash aggregating to Rs. 400 crore, to identified investors on private placement basis, on the terms and conditions as mentioned in the Information Memorandum for the said Issue.
The NCDs are proposed to be listed on the Wholesale Debt Market (WDM) Segment of BSE Limited.
