Tata Motors fixes rights issue price at Rs 450 a share
Homegrown auto major Tata Motors on Wednesday fixed the issue prices of two different types of shares at Rs 450 and Rs 271 per scrip for its proposed Rs 7,500 crore rights issue.
Mar 25, 2015, 13:50 PM ISTTata Motors' Rs 7,500 crore rights issue credit positive: Moody's
Homegrown auto major Tata Motors' Rs 7,500 crore rights issue is credit positive as it will reduce its debt and fund business growth, according to ratings agency Moody's.
Feb 02, 2015, 14:44 PM ISTTata Motors to use Rs 7,500 cr rights issue money to launch CVs
The company is looking to develop a product portfolio in the passenger vehicles segment until 2020, with the introduction of two or three new products each year.
Jan 29, 2015, 15:43 PM ISTTata Motors to raise Rs 7,500 crore via rights issue
Auto major Tata Motors plans to raise up to Rs 7,500 crore via rights issue which will be used to invest in business expansion and reduce debt.
Jan 28, 2015, 11:05 AM IST