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Tata Capital NCD Tranche II issue to open on Aug 13
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Tata Capital NCD Tranche II issue to open on Aug 13

Agency News

New Delhi, Aug 9 : Tata Capital Financial Services Limited proposes to open on August 13, 2019, a public issue of secured, redeemable, non-convertible debentures of face value of R 1,000 each (Secured NCDs) up to Rs. 2,99,790 lakh. "Unsecured, Subordinated, Redeemable, Non-Convertible Debentures of Face Value of Rs. 1,000 each up to Rs 112,810 lakh, aggregating up to Rs. 412,600 lakh (tranche II issue)," it was stated here on Friday at the briefing.

The base issue size is R. 50,000 lakh, with an option to retain over-subscription up to Rs. 362,600 lakh, aggregating upto Rs. 412,600 lakh (“Residual Shelf Limit”).
The Tranche II Issue is scheduled to close on August 23, 2019 with an option of early closure or extension as decided by the board.UNI