Tata allocates Rs 76 billion to support electronics business expansion
ECONOMY & POLICY

Tata allocates Rs 76 billion to support electronics business expansion

The Tata Group has meticulously prepared a war chest to support the expansion of its greenfield electronic component and contract manufacturing business, Tata Electronics. Recent regulatory disclosures highlight the substantial funds accumulated, totaling over Rs 76 billion, to propel the growth of this venture.

According to filings submitted to the Registrar of Companies (RoC), Tata Electronics received a capital infusion of over Rs 608 crore in the financial year 2022-23 from its holding company, Tata Sons. This capital injection represents the highest amount received in a single financial year, bringing the total capital infusion over the past three years to Rs 18.2 billion since the inception of the business. The authorised capital of Tata Electronics currently stands at Rs 20 billion. Additionally, the company has successfully raised secured loans amounting to Rs 57.99 billion as of the latest available data.

Mohit Yadav, founder of business intelligence firm AltInfo, who analysed the filings, stated, "The company has nearly exhausted its funding capacity from the parent company, considering its authorised share capital of Rs 20 billion and paid-up capital of Rs 18.2 billion, leaving a remaining funding capacity of Rs 1.8 billion to be utilised. To further expand its funding capabilities, Tata Electronics will need to expand its authorised share capital limit. It is also possible that a portion of the secured loans amounting to Rs 57.99 billion has already been repaid.

The Tata Group has meticulously prepared a war chest to support the expansion of its greenfield electronic component and contract manufacturing business, Tata Electronics. Recent regulatory disclosures highlight the substantial funds accumulated, totaling over Rs 76 billion, to propel the growth of this venture. According to filings submitted to the Registrar of Companies (RoC), Tata Electronics received a capital infusion of over Rs 608 crore in the financial year 2022-23 from its holding company, Tata Sons. This capital injection represents the highest amount received in a single financial year, bringing the total capital infusion over the past three years to Rs 18.2 billion since the inception of the business. The authorised capital of Tata Electronics currently stands at Rs 20 billion. Additionally, the company has successfully raised secured loans amounting to Rs 57.99 billion as of the latest available data. Mohit Yadav, founder of business intelligence firm AltInfo, who analysed the filings, stated, The company has nearly exhausted its funding capacity from the parent company, considering its authorised share capital of Rs 20 billion and paid-up capital of Rs 18.2 billion, leaving a remaining funding capacity of Rs 1.8 billion to be utilised. To further expand its funding capabilities, Tata Electronics will need to expand its authorised share capital limit. It is also possible that a portion of the secured loans amounting to Rs 57.99 billion has already been repaid.

Next Story
Technology

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Next Story
Infrastructure Transport

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Next Story
Real Estate

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?