Tata Power planning to raise funds
30th Jun 2020

Tata Power Company is planning to raise funds by way of issue of one or more instruments including equity shares, convertible securities of any description or warrants or debt securities, through preferential issue, private placements, rights issue or any other methods or combination thereof as may be permitted under applicable laws, subject to such regulatory/statutory approvals as may be required, including the approval of the shareholders of the company. A meeting of the Board of Directors of the company is scheduled on July 2, 2020, to consider and approve the same.

Tata Power Company is India’s largest integrated power company.