Tata Power gathers 10k million through NCDs
POWER & RENEWABLE ENERGY

Tata Power gathers 10k million through NCDs

Last week, Tata Power said that it has collected INR 10k million through the private offering of non-convertible debentures.

The company announced in a regulatory filing that it had privately placed 10,000 Non-Convertible Debentures (NCDs) worth INR 10K million that were unsecured, redeemable, taxable, listed, and rated.

Series I NCDs worth INR 5K million are expected to expire on January 8, 2030, while Series II NCDs worth INR 5K million are expected to mature on December 29, 2032, it was further said. On BSE, the NCDs would be listed.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Last week, Tata Power said that it has collected INR 10k million through the private offering of non-convertible debentures. The company announced in a regulatory filing that it had privately placed 10,000 Non-Convertible Debentures (NCDs) worth INR 10K million that were unsecured, redeemable, taxable, listed, and rated. Series I NCDs worth INR 5K million are expected to expire on January 8, 2030, while Series II NCDs worth INR 5K million are expected to mature on December 29, 2032, it was further said. On BSE, the NCDs would be listed.

Next Story
Resources

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

Next Story
Real Estate

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Next Story
Infrastructure Transport

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement