Indian automobile manufacturer Tata Motors (NSE:TATAMOTORS, BOM:500570) plans to raise up to 20 billion Indian rupees through the issue of rated, listed, unsecured, redeemable, non-convertible debentures on a private placement basis, according to a Thursday filing to the Indian stock exchanges.
The company's board of directors is scheduled to meet on March 19 to decide on the fundraising plan.
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