Tata Capital Allots ₹1000 Cr NCDs

Tata Capital Limited announced the allotment of 1,00,000 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The total issue size amounts to ₹1000 crore. These NCDs carry a coupon rate of 8.565% per annum and are set to mature on February 12, 2030, with a tenor of 1188 days. The allotment took place on November 12, 2026. The NCDs are secured by a pari-passu charge on the company's movable property, including receivables and book debts. The issue has received strong credit ratings of CRISIL AAA/Stable and [ICRA] AAA/Stable.