Tata Capital Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. Concurrently, the company’s Board of Directors approved the enhancement of its existing medium-term note programme from USD 2 billion to USD 3 billion. This strategic move aims to bolster its funding capabilities by allowing for the issuance of foreign currency bonds and debt instruments.
Unaudited Financial Results Approved
At its meeting held on October 27, 2026, the Board of Directors of Tata Capital Limited has inter alia approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026. The accompanying documents include the Limited Review Reports from M/s. M P Chitale & Co. and M/s. T. P. Ostwal & Associates LLP, both of which expressed an unmodified opinion.
Medium-Term Note Programme Expansion
In a significant capital markets move, the Board also approved the enhancement of the existing medium-term note programme (MTN Programme) from USD 2 billion to USD 3 billion. Subject to market conditions, Tata Capital plans to issue foreign currency bonds and debt instruments under this expanded programme. These issuances, to be undertaken in one or more tranches, will be structured as external commercial borrowings, adhering to all applicable laws and regulations and obtaining necessary approvals.
Further disclosures related to the MTN Programme, including the Master circular reference and the stage of pricing for bonds/debt instruments, will be provided as required. The company has also enclosed copies of the financial results, limited review reports, information as per Regulation 52(4) of SEBI Listing Regulations, Security Cover Certificate, and other relevant statements as stipulated.
Meeting Details
The Board Meeting commenced at 02:00 p.m. and concluded at 04:30 p.m. on the same day.
Enclosed Documents
The following documents have been enclosed with the announcement:
- Copies of the Unaudited Financial Results.
- Limited Review Reports from Chartered Accountants.
- Information as per Regulation 52(4) of SEBI Listing Regulations.
- Security Cover Certificate.
- Statement on utilization of issue proceeds of Non-Convertible Debentures and Nil deviation.
- Statement on IPO proceeds utilization and IPO expenses.
- Disclosure of Related Party Transactions.
Source: BSE
