June 3, 2020 | |
The Secretary, Listing Department | The Manager, Listing Department |
BSE Limited | National Stock Exchange of India Limited |
Phiroze Jeejeebhoy Towers | Exchange Plaza, 5th Floor, Plot No. C/1 |
Dalal Street | G Block, Bandra-Kurla Complex, Bandra (E) |
Mumbai - 400 001 | Mumbai - 400 051 |
Maharashtra, India | Maharashtra, India |
Scrip Code: 500470/890144 | Symbol: TATASTEEL/TATASTEELPP |
Dear Madam, Sir, |
Sub: Allotment of Non-Convertible Debentures (NCDs) on Private Placement basis
This has reference to our letters dated April 7, 2020 and April 13, 2020 with respect to issue of NCDs on private placement basis.
In this connection, we wish to inform you that the Committee of Directors has today approved allotment of 4,000 - 8.08% p.a Unsecured, Rated, Listed, Redeemable, Floating Coupon, Non-Convertible Debentures of face value ₹10,00,000/- each, for cash aggregating to ₹400 crore, to identified investors on private placement basis, on the terms and conditions as mentioned in the Information Memorandum for the said Issue.
The NCDs are proposed to be listed on the Wholesale Debt Market (WDM) Segment of BSE Limited.
This disclosure is made in terms of Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
This is for your information and records.
Thanking you.
Yours faithfully,
Tata Steel Limited
Parvatheesam Kanchinadham
Company Secretary &
Chief Legal Officer (Corporate & Compliance)
Registered Office Bombay House 24 Homi Mody Street Fort Mumbai 400 001 India
Tel 91 22 6665 8282 Fax 91 22 6665 7724 Website www.tatasteel.com
Corporate Identity Number L27100MH1907PLC000260
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Tata Steel Ltd. published this content on 03 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 June 2020 11:50:08 UTC