
Investment25 Feb 2026, 03:15 pm
Tata Capital Housing Finance to Raise Rs. 650 Crore via Rights Issue
AI Summary
Tata Capital Limited has informed the stock exchanges about the approval by the Board of Directors of Tata Capital Housing Finance Limited (TCHFL), a wholly owned subsidiary, for the offer and issuance of equity shares worth Rs. 650,02,04,730 (Rupees Six Hundred Fifty crore, Two Lakhs Four Thousand Seven Hundred and Thirty only) on a rights basis to Tata Capital Limited. The decision was made at the TCHFL board meeting held on February 25, 2026.
Key Highlights
- Tata Capital Housing Finance Limited to raise Rs. 650 crore via rights issue.
- The decision was approved at the TCHFL board meeting held on February 25, 2026.
- The rights issue is for Tata Capital Limited, a wholly owned subsidiary of Tata Capital.