Tata Capital Limited has informed the Exchange regarding allotment of Non-Convertible Debentures.
FUNDRAISE
▲ Positive Development
LOW RISK
📅 Filed on BSE: 07 Jul 2026, 05:08 PM IST · BSE ID: a68e75ea-5ee0-4a5e-8939-4c29a9eda464
View Original BSE Filing (PDF)
💡
In Simple Terms
Tata Capital just raised Rs. 1000 crore by selling bonds that mature in 2029, paying 8.15% interest.
🤖 AI Summary
- Tata Capital raised Rs. 1000 crore via private placement of NCDs.
- The NCDs carry a coupon rate of 8.15% p.a. and mature June 11, 2029.
- Funds raised are secured by a pari-passu charge on company's moveable property.
- Debentures are rated CRISIL AAA/Stable and [ICRA] AAA/Stable by rating agencies.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Securities Issued / Allotted
1,00,000
Date of Maturity / Redemption Date
June 11, 2029
Security Cover
1.00 time the aggregate outstanding value of debentures
Additional Interest on Default
2% p.a.
🏢 How This Affects the Company
The issuance of Rs. 1000 crore Non-Convertible Debentures increases the company's debt funding. This capital will support ongoing business operations and growth initiatives.
The NCDs are secured by a pari-passu charge on moveable property, indicating specific assets are pledged as collateral, which ties those assets to the debt obligation.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders. This is a debt issuance by the company.
👤
Who Is Affected
Existing shareholders are not directly affected by this debt issuance. The company's capital structure will see an increase in its debt component.
🔍
Management Signal
The issuance signals management's intent to secure long-term funding for business growth and operations through debt instruments.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Subsequent NCD issuances by Tata Capital for further funding updates.
Performance review of NCDs at maturity on June 11, 2029.
Updates on asset utilization against the security cover for NCDs.
LOW RISK
Debt issuance with AAA ratings, clear terms, and secured by assets indicates manageable risk.
💡 Investor Takeaway
Tata Capital successfully raised Rs. 1000 crore via NCDs at 8.15% coupon, maturing in June 2029. The issuance is rated AAA/Stable and secured by company's moveable property.
⚖️ Strengths & Concerns
✅ Positives
- Successful Rs. 1000 crore fundraise via private placement of NCDs to meet funding requirements.
- NCDs carry high credit ratings of CRISIL AAA/Stable and [ICRA] AAA/Stable, reflecting strong creditworthiness.
⚠️ Concerns
- NCDs are secured by a charge on company's moveable property, potentially limiting future use of these assets.
- A default in interest or principal payment incurs an additional interest of 2% p.a. over the coupon rate.
📅 Company Track Record
Tata Capital has consistently raised funds through NCDs. Recent issuances include Rs. 2750 crore (July 2026), Rs. 2030 crore (June 2026), Rs. 765 crore (May 2026), and Rs. 505 crore (May 2026).
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the total amount raised by Tata Capital in this NCD issuance?
Tata Capital raised Rs. 1000 crore through the private placement of Non-Convertible Debentures.
What is the coupon rate for the NCDs allotted by Tata Capital?
The NCDs allotted by Tata Capital have a coupon rate of 8.15% per annum.
When will the NCDs allotted by Tata Capital mature?
The NCDs allotted by Tata Capital are scheduled for redemption on June 11, 2029.
What is the credit rating for these NCDs?
The NCDs have received ratings of CRISIL AAA/Stable by CRISIL Ratings Limited and [ICRA] AAA/Stable by ICRA Limited.
What assets secure the NCDs issued by Tata Capital?
The NCDs are secured by a pari-passu charge on the company's moveable property, including receivables and book debts.
Questions based on this BSE filing only. For information purposes.