Tata Motors Limited — QIP/Rights/Pref., 02-05-2025: Issue of Securities

Tata Motors has announced a board meeting on May 9, 2025, to consider the financial results for the quarter and half-year. The company approved a private placement of unsecured Non-Convertible Debentures worth ₹500 crore in two tranches—₹300 crore and ₹200 crore—with a fixed 7.08% annual coupon and around 3-year maturity. Rated CRISIL AA+, these NCDs will be listed on NSE’s Wholesale Debt Market. The funds will likely be used to boost financial flexibility.