Tata Capital Ltd

Tata Capital Issues ₹343 Crore NCDs with 7.66% Returns 💰📈

• Total issue size: ₹343 crore through 34,300 secured NCDs

• Coupon rates: 7.66% XIRR for ₹235 crore portion, 7.6596% XIRR for ₹108 crore portion

• Maturity date: February 08, 2034 (original tenor 3653 days)

• Face value: ₹1,00,000 per NCD with annual interest payments from February 2027

• Credit ratings: CRISIL AAA/Stable and ICRA AAA/Stable

• Additional 2% p.a. interest applies in case of payment delays beyond 3 months

• NCDs to be listed on National Stock Exchange (NSE)