Tata Motors Limited — Board Meeting, 19-03-2025: Outcome of Board Meeting

Tata Motors Limited has announced a board meeting outcome where the committee approved the issuance of Non-Convertible Debentures (NCDs) totaling up to ₹2,000 crore. The NCDs will be issued on a private placement basis, divided into three tranches, and are expected to be listed on the Wholesale Debt Market Segment of the NSE. The fixed coupon rate for these NCDs is set at 7.65% per annum, with maturities planned for 2027 and 2028. This move signals Tata Motors' strategy to enhance liquidity and finance future growth initiatives.