StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting27 Oct 2026, 05:10 pm

Tata Capital Board Approves Financial Results, Enhances MTN Program

AI Summary

Tata Capital Limited's Board of Directors convened on October 27, 2026, approving the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Additionally, the Board sanctioned an enhancement of the existing medium-term note (MTN) programme from USD 2 billion to USD 3 billion. The company also plans to issue foreign currency bonds/debt instruments under this enhanced programme, subject to market conditions. Disclosures regarding the utilization of proceeds from Non-Convertible Debentures and IPO equity shares indicated nil deviation or variation. Related Party Transactions for the half-year ended September 30, 2026, were also disclosed.

Key Highlights

  • Board approved unaudited financial results for Q2 FY27.
  • MTN programme enhanced from USD 2 billion to USD 3 billion.
  • Company to issue foreign currency bonds under the enhanced MTN programme.
  • Nil deviation reported in utilization of NCD and IPO proceeds.
  • Related Party Transactions for H1 FY27 disclosed.