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VERIFIEDET Markets·neutral

Tata Power board okays raising Rs 4,500 cr via NCDs

AI Summary
  • ·Tata Power's board approved raising up to Rs 4,500 crore via non-convertible debentures.
  • ·The funds will be used for refinancing existing loans and other corporate needs.
  • ·The company will issue these debt securities through private placement.
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