Tata Communications Limited has informed the Exchange regarding allotment of 100000 securities pursuant to Non Convertible Securities at its meeting held on August 07, 2025
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Tata Communications has raised ₹1,000 crore by issuing 1,00,000 Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, allotted on August 7, 2025. The NCDs carry a fixed coupon of 6.77% per annum and have a 3-year tenure, maturing in August 2028. The issuance was done on a private placement basis to identified eligible investors, using the electronic book provider (EBP) platform of NSE. The NCDs are unsecured, rated, listed, and redeemable, and will be listed on the Wholesale Debt Market Segment of NSE.
This is a debt-raising move that adds ₹1,000 crore to the company's borrowings at a competitive 6.77% rate. For equity shareholders, it means modest additional interest obligations but no equity dilution. The relatively low coupon suggests the company continues to enjoy strong credit ratings, which is neutral to mildly positive for the stock.