Tata Motors to Raise ₹500 Crore via NCDs at 7.08%

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will raise ₹500 crore through non-convertible debentures (NCDs) in two tranches—₹300 crore and ₹200 crore—via private placement. The NCDs, maturing in May 2028, offer a 7.08% coupon and will be listed on NSE’s wholesale debt market.