Tata Motors Passenger Vehicles Limited successfully completed the full redemption of its E30-B Series Rated, Listed, Unsecured 6.95% Coupon, Redeemable Non-Convertible Debentures (NCDs) issued for ₹5,000 crore. The final payment was made on the due date, March 31, 2026. This action signifies the complete closure of this specific debt instrument, with the final interest payout also settled on the same day.
Completion of Debenture Redemption
Tata Motors Passenger Vehicles Limited (formerly Tata Motors Limited) confirms the timely and full payment of both the annual interest and the principal redemption amount for the E30-B Series Debentures. These instruments were characterized as Rated, Listed, Unsecured 6.95% Coupon, Redeemable Non-Convertible Debentures with an initial issue size of ₹50,000 lakhs (₹5,000 crore). The company certifies that the redemption was executed on the scheduled due date, March 31, 2026, resulting in the series standing fully redeemed.
Interest Payment Details
The final interest payment was calculated based on the Yearly frequency:
- ISIN: INE155A08431
- Interest Amount Paid: 2161.66 lakhs
- Due Date for Interest Payment: 31/03/2026
- Actual Date of Payment: 31/03/2026
- Record Date: 16/03/2026
Redemption Summary
The redemption process involved the repayment of the entire principal amount on the maturity date:
- Type of Redemption: Full
- Maturity Reason: Maturity
- Due Date for Redemption/ Maturity: 31/03/2026
- Actual Date for Redemption: 31/03/2026
- Amount Redeemed (in lakhs): 50,000
- Outstanding Amount (in lakhs) after payment: 0
The last interest payment prior to this final settlement occurred on 22/07/2025, confirming that all obligations related to the INE155A08431 debentures have been satisfactorily concluded by March 31, 2026.
Source: BSE
