Tata Capital Limited has informed the Exchange regarding allotment of Non-Convertible Debentures
FUNDRAISE
▲ Positive Development
LOW RISK
📅 Filed on BSE: 11 Jun 2026, 04:43 PM IST · BSE ID: 18eac3e0-8afa-456e-b17a-cc6eac33f066
View Original BSE Filing (PDF)
💡
In Simple Terms
Tata Capital raised Rs. 2030 crore by selling new company bonds that must be repaid with interest.
🤖 AI Summary
- Tata Capital raised Rs. 2030 crore via private placement of secured NCDs.
- The NCDs carry a coupon rate of 8.15% per annum with maturity in 2029.
- Rs. 2030 crore of secured, redeemable, non-convertible debentures were allotted.
- The allotment is secured by a pari-passu charge on company's moveables.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Securities Issued / Allotted
2,03,000
Date of Maturity / Redemption Date
June 11, 2029
🏢 How This Affects the Company
This fundraise increases Tata Capital's debt by Rs. 2030 crore, impacting its leverage ratios. The cost of this debt is 8.15% per annum.
The NCDs are secured by a pari-passu charge on receivables, book debts, and investments, providing a specific recourse for debenture holders.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this NCD allotment.
👤
Who Is Affected
Existing equity shareholders are indirectly affected by the increased debt capital structure of the company.
🔍
Management Signal
Management is proactively raising capital through debt instruments to fund operations and growth, indicated by this large NCD issuance.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Future debt issuance plans by Tata Capital.
Company's financial results for the upcoming quarters.
Statements on leverage and capital adequacy.
LOW RISK
Fundraise is for operational purposes and backed by AAA credit ratings.
💡 Investor Takeaway
Tata Capital raised Rs. 2030 crore by issuing secured NCDs with an 8.15% coupon rate, maturing on June 11, 2029. The issue is rated AAA.
⚖️ Strengths & Concerns
✅ Positives
- Secured Rs. 2030 crore in funding at a competitive 8.15% coupon rate.
- NCDs have strong credit ratings: CRISIL AAA/Stable and [ICRA] AAA/Stable.
⚠️ Concerns
- The company takes on an additional Rs. 2030 crore of debt, increasing its financial obligations.
- A 2% additional interest applies in case of default exceeding three months on payments.
📅 Company Track Record
In May 2026, Tata Capital had previously raised Rs. 765 crore via secured NCDs at 8.00% and Rs. 505 crore via private placement NCDs at 7.97%.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
How much capital did Tata Capital raise through the recent NCD allotment?
Tata Capital raised Rs. 2030 crore through the allotment of secured redeemable Non-Convertible Debentures.
What is the coupon rate for these newly allotted NCDs?
The coupon rate for these NCDs is 8.15% per annum, with an XIRR of 7.9589% p.a.
When will the Rs. 2030 crore NCDs issued by Tata Capital mature?
The Non-Convertible Debentures issued by Tata Capital are set to mature and be redeemed on June 11, 2029.
What is the credit rating for Tata Capital's latest NCD issuance?
The NCDs have received a CRISIL AAA/Stable rating from CRISIL Ratings Limited and a [ICRA] AAA/Stable rating from ICRA Limited.
Questions based on this BSE filing only. For information purposes.