India’s Tata Capital to consider up to Rs. 30 billion of debentures

By Tali Rackner

Norfolk, Va., July 22 – Tata Capital Financial Services Ltd. informed the Bombay Stock Exchange that its board of directors will meet on July 27, inter alia, to consider a proposal to issue up to Rs. 30 billion of secured redeemable nonconvertible debentures.

The debentures will be issued on a private placement basis.

Based in Mumbai, India, Tata Capital is a financial services provider and a subsidiary of Tata Sons Ltd.

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