Tata Capital Ltd
Tata Capital Allots ₹1,250 Cr NCDs with 7.95% Coupon 📈
• Allotted 12,500 secured, redeemable, non-convertible debentures (NCDs) on private placement basis
• Issue size: ₹1,250 crore with each NCD having face value of ₹10,00,000
• Coupon rate: 7.95% per annum with interest payments due February 2027 and February 2028
• Allotment date: February 10, 2026; Maturity/redemption date: February 8, 2028
• Residual tenor: 728 days from allotment with bullet redemption at maturity
• Credit ratings: CRISIL AAA/Stable and ICRA AAA/Stable
• Proposed listing on National Stock Exchange of India Limited (NSE)