Tata Power Company Limited (TATAPOWER) — Corporate Action

📢 Key Event
Private placement of ₹1,500 crore NCDs announced

🔄 What Changed
₹1,500 crore NCD issuance

🔮 What's Next
Maturity in 5 years from July 14, 2026

💡 Investor Takeaway
Investors receive fixed interest income with AA+ credit rating and no collateral risk.

Tata Power announced a private placement of 150,000 non-convertible debentures (NCDs) with a face value of ₹100,000 each, aggregating to ₹1,500 crore, to be listed on BSE. The NCDs are unsecured, rated AA+/Stable, with a fixed coupon payable annually except at maturity, and will mature five years from the tentative allotment date of July 14, 2026.

📄 View Original Announcement (PDF)

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