Tata Chemicals has announced the allotment of 1,50,000 listed, unsecured, rated, redeemable, taxable, non-cumulative non-convertible debentures (NCDs) on a private placement basis. The allotment, approved on December 17, 2025, aggregates up to ₹1,500 crore. These NCDs have a face value of ₹1,00,000 each and a fixed rate coupon of 7.06%. The NCDs will be listed on the Debt Segment of the National Stock Exchange of India Limited (NSE).
NCD Allotment Details
Tata Chemicals has successfully completed the allotment of Non-Convertible Debentures (NCDs) through private placement. The decision, finalized on December 17, 2025, follows an earlier announcement dated December 10, 2025. This allotment is a significant step in the company’s financing strategy.
Key Terms of the NCDs
The NCDs allotted are listed, unsecured, rated, redeemable, taxable, and non-cumulative. The total number of NCDs allotted is 1,50,000, with each debenture having a face value of ₹1,00,000. The total amount raised through this allotment aggregates to ₹1,500 crore. These NCDs have a tenor of 2 years 364 days.
Coupon Rate and Listing
The NCDs carry a fixed rate coupon of 7.06% and have been issued based on a multiple yield allotment method. These NCDs are scheduled to be listed on the Debt Segment of the National Stock Exchange of India Limited (NSE), providing liquidity and accessibility for investors.
Source: BSE
