By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Reading: Tata Power To Raise Rs. 3,500 Crore Via Debentures
Share
Aa
Aa
BeFirsTrankBeFirsTrank
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Search
  • Home
  • Car Reviews
  • Auto Shows
  • Bike Reviews
  • Future
  • New Car
  • Used Car
  • Contact Us !
Have an existing account? Sign In
Follow US
© 2023 BeFirsTrank News Network
News

Tata Power To Raise Rs. 3,500 Crore Via Debentures

srijita
Last updated: 2016/07/16 at 5:45 PM
By srijita 2 Min Read
Share
SHARE

Tata Power board approved raising up to Rs 3,500 crore through issuance of non-convertible debentures.

Tata Power board approved raising up to Rs. 3,500 crore through issuance of non-convertible debentures.

New Delhi: Tata Power on Monday said that its board has approved raising up to Rs. 3,500 crore through issuance of non-convertible debentures in one or more tranches on a private placement basis.

“The Board of Directors of the Company at its meeting held on July 11, 2016, has approved issuance in one or more tranches, of non-cumulative, redeemable, taxable, listed, rated securities in the form of non-convertible debentures up to an aggregate amount not exceeding Rs. 3,500 crore,” the company said in a BSE filing.

According to the statement, the tenor of these securities will not exceed 3 years (Debentures) from the date of issue on private placement basis to any persons, entities, bodies corporate, companies, banks, financial institutions and any other categories of eligible investors permitted to invest in the Debentures under applicable laws.

Tata Power also informed BSE that the Board of Directors at its meeting today, has decided to change the date of the Annual General Meeting (AGM) of the Company to September 21, 2016 at Birla Matushri Sabhagar, Sir Vithaldas Thackersay Marg, 19, New Marine Lines, Mumbai 400 020.

Eariler the AGM was scheduled on August 5, 2016.

“Dividend, if declared at the said AGM, will be paid on and from September 23, 2016 to the shareholders entitled to receive the same,” it said.

[“source-ndtv”]

You Might Also Like

How Google’s AI can help transform health professions education

Certified AC Technicians in Ocala: Your Local Cooling Experts

Beyond the Map: What Modern Vehicle Tracking Can Do for Your Business

What Should My Video Game Room Have?

From Traditional Payments to Innovative Solutions: How Car Insurance Is Adapting to Modern Needs

TAGGED: 3500, Crore, Debentures, Power, Raise, Rs, Tata, to, via
srijita July 16, 2016
Share
Previous Article Shriram EPC Surges 16% On Plan to Convert Debt Into Equity
Next Article Quess Corp, India’s Most Successful IPO In 9 Years, Soars 60% In Debut

Calendar

September 2025
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 
« Aug    

Latest Trending News

  • How Google’s AI can help transform health professions education September 3, 2025
  • Your Ebike Battery is Draining Too Quickly? Six Reasons August 29, 2025
  • Test of Turbo Petrol-Powered Automobiles: Actual City and Highway Fuel August 26, 2025
  • Buying a Used VW Car in Albuquerque? Here’s What to Know August 21, 2025
  • What to Do If the Trunk of Your Nissan Won’t Open August 20, 2025
  • Fatherhood, marriage, and Longevity in the August 14, 2025
  • Style, Luxury, and Innovation in a New Car Coming in 2024 August 13, 2025

© 2023 Befirstrank News Network. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?