TVS Motor Company Limited — QIP/Rights/Pref., 20-07-2026: Allotment of Securities
20-07-2026 | 10:41 pm
20-07-2026 | 10:41 pm
TVS Motor has allotted 50,000 Senior, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) to identified investors via private placement. Each NCD has a face value of ₹1 lakh. This issuance results in a fund infusion of ₹500 Cr for the company, carrying a 7.30% annual interest rate.
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