Board of Tata Communications approves private placement of NCDs for Rs 500 cr

Capital Market 

At meeting held on 15 April 2020

The Board of Board of Tata Communications at its meeting held on 15 April 2020 has approved fund raising by way of private placement of Rated, Secured, Listed, Redeemable Non-Convertible Debentures (NCDs) for Rs 500 crore + Green Shoe Option of Rs 150 crore.

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First Published: Wed, April 15 2020. 15:33 IST