Tata Motors Limited — QIP/Rights/Pref., 19-03-2025: Issue of Securities

Tata Motors Limited has announced a board meeting outcome where a committee approved the issuance of Non-Convertible Debentures (NCDs) totaling up to ₹2,000 crore. The NCDs, with a fixed coupon rate of 7.65% per annum, will be issued in three tranches and are set for maturity between 2027 and 2028. The securities will be listed on the NSE's Wholesale Debt Market. This move strengthens Tata Motors' financial structure, offering liquidity while potentially enhancing investor confidence with its robust credit rating of "CRISIL AA+/Stable." Investors may view this positively, anticipating increased operational capacity and financial stability.