Tata Motors Limited — QIP/Rights/Pref., 13-05-2025: Allotment of Securities

Tata Motors has allotted 50,000 unsecured, redeemable NCDs totaling ₹500 Cr through private placement at face value ₹1,00,000 each, split into two tranches. Major subscribers include Axis Bank, Yes Bank, and ICICI Bank. Both tranches carry a 7.08% annual coupon with bullet redemption after 3 years. This fundraise adds ₹500 Cr debt, boosting Tata Motors’ borrowing capacity without affecting promoter holding.