Tata Capital Ltd

SEBI Settlement Order: Tata Capital Resolves Past NCD Violations 🏛️

- SEBI approved a settlement order for Tata Motors Finance (now merged with Tata Capital) regarding NCD issuance violations.

- The merger of Tata Motors Finance with Tata Capital took effect on May 8, 2025 (appointed date: April 1, 2024).

- Violations involved NCDs issued to over 200 investors before listing (2 issuances) and within six months of allotment (3 issuances).

- The NCDs in question were issued in 2019, 2020, and 2022.

- Tata Capital paid a settlement amount of ₹32,00,000.

- No material financial impact on Tata Capital from this settlement.