Tata Steel Ltd. - Announcement under Regulation 30 (LODR)-Allotment

This has reference to our letters dated February 21, 2019 and February 26, 2019 with respect to issuance of NCDs on private placement basis.

In this connection, we wish to inform you that the Committee of Directors has today approved allotment of 43,150 - 9.8359% Unsecured, Redeemable, Rated, Listed Non-Convertible Debentures having face value of Rs. 10,00,000/- each for cash aggregating to Rs. 4,315 crore, to identified investors on private placement basis, on 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.

This disclosure is made in terms of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

This is for your information and records.

Pdf Link: Tata Steel Ltd. - Announcement under Regulation 30 (LODR)-Allotment

Source : BSE - www.bseindia.com

Published on March 01, 2019


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