Tata Chemicals has announced the issuance of Non-Convertible Debentures (NCDs) aggregating to ₹1,500 crore. The NCDs are proposed to be listed on the Debt Segment of the National Stock Exchange of India Limited (NSE). The internal committee of the Board of Directors finalized the terms of the issue on December 10, 2025. These NCDs are rated ‘CARE AA+/Stable’ and ‘CRISIL AA+/Stable’.
NCD Issuance Details
Tata Chemicals is set to issue Non-Convertible Debentures (NCDs) totaling ₹1,500 crore. This decision was finalized by the Internal Committee of the Board of Directors on December 10, 2025.
Key Terms and Conditions
The NCDs will be Listed, Unsecured, Rated, Redeemable, Taxable, and Non-Cumulative. The issuance is planned on a Private Placement basis to eligible investors.
Issue Size and Listing
The company will issue 1,50,000 NCDs with a face value of ₹1,00,000 each, aggregating to ₹1,500 crore. The NCDs are proposed to be listed on the Debt Segment of the National Stock Exchange of India Limited (NSE).
Tenure and Maturity
The deemed date of allotment is December 17, 2025. The maturity date is 2 years and 364 days from the deemed date of allotment, featuring bullet maturity.
Coupon/Interest Details
The coupon/interest offered will be based on a Fixed Rate Coupon via price bidding at the Electronic Bidding Platform (EBP) of NSE. The payment of coupon/interest will be annual, except for the final maturity date when the coupon will be paid upon redemption.
Credit Ratings
The NCDs have received credit ratings of “CARE AA+/Stable” by CARE Ratings Limited and “CRISIL AA+/Stable” by CRISIL Ratings Limited.
Source: BSE
