Tata Steel board approves plans to raise up to Rs 5000 crore

The committee of directors approved issuance of “40,000 NCDs of face value Rs 10,00,000 each aggregating to Rs 4,000 crore plus a greenshoe option of up to Rs 1,000 crore,” the company said.

from Hindustan Times - business https://ift.tt/2U8UbRN