Tata Capital seeks shareholder approval to raise Rs 7,000 crore via NCDs
TATACAP · price
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Tata Capital is seeking shareholder approval via Postal Ballot to issue Non-Convertible Debentures up to Rs 7,000 crore through private placement. This is for the interim period from July 30, 2026 till the next AGM. NCDs can be secured, unsecured, subordinated, perpetual, or green bonds, in one or more tranches. Total NCD limit sought is Rs 36,000 crore, with the rest to be proposed at the AGM. E-voting runs July 1 to July 30, 2026.
Routine debt approval with no equity dilution. Coupon rate and pricing to be decided by Board based on market conditions.