Tata Steel Update by Epic Research

Tata Steel will be seeking shareholder’s nod for raising up to Rs 14,000 crore through privately placed debt securities in domestic as well as international markets. Besides, the company would also be seeking approval for hiking the company’s borrowing limit from Rs 50,000 crore to Rs 70,000 crore or the aggregate of the paid up capital and free reserves of the company, whichever is higher.



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Posted in: Indian Market Tips