
Tata Steel to increase of 3000 crores through NCD issuing NCD through private placement
The Tata Steel Board, in its meeting held on 14 February today, considered and approved the funding through non-convertible debentures. Tata Steel plans to increase plan 3,00,000 NCD through issuing 3,000 crore 1,00,000 each. NCDS said, “eligible investors will be released on the basis of a private placement. The temporary date of allocation of NCD…