Tata Motors approves Rs 500 crore NCD issuance, sets coupon at 7.08% per annum

Tata Motors will issue ₹500 crore worth of Non-Convertible Debentures in two tranches at a 7.08% coupon, maturing in 2028, with CRISIL AA+/Stable rating. The NCDs will be listed on NSE’s debt segment.

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