Notice to the Members of Tata Capital Regarding outcome of the meeting

Notice to the Members of Tata Capital Regarding outcome of the meeting
Nancy Singh
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Nancy Singh

Senior Digital Marketer
Publish Date27 February 2025
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According to Regulation 51 and Part B of Schedule III of the SEBI Listing Regulations, the company informed the exchange that Company’s Board of Directors has approved the following at their meeting on February 25, 2025:

  • The Company will offer and issue equity shares with a face value of ₹10 each. This rights issue will raise up to ₹1,504 crore and is open to existing shareholders as of the record date, February 25, 2025.

  • Tata Capital plans to launch an Initial Public Offering (IPO) of equity shares, with a face value of ₹10 each. This will include (i) a fresh issue of up to 23,00,00,000 (Twenty-three crore) equity shares, and (ii) an offer for sale of equity shares by some current eligible shareholders. This will depend on market conditions, necessary approvals, regulatory clearances, and other important considerations.

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Unlisted SharesPre-IPOInvestmentStock MarketFinance

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