Tata Capital Allots ₹2030 Cr in NCDs

Tata Capital Limited has successfully allotted Secured Redeemable Non-Convertible Debentures (NCDs) worth ₹2030 crore on a private placement basis. The allotment, dated June 11, 2026, comprises 2,03,000 NCDs with a coupon rate of 8.15% per annum and an XIRR of 7.9589% per annum. These NCDs mature on June 11, 2029, and are secured by a pari-passu charge on the company's receivables and investments. The issuance is proposed to be listed on the National Stock Exchange (NSE) and carries a CRISIL AAA/Stable and ICRA AAA/Stable credit rating.