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TVS Motor allotted Rs 100 crore in debentures through the NSE with a 39-month tenure
10-Aug-2026, 04:59
TVS Motor Company Limited announced that its Administrative Committee of Directors approved the allotment of 100,000 Senior, Rated, Unsecured, Listed, Redeemable, Non-Convertible Debentures with a face value of Rs 100,000 each, for an aggregate amount of Rs 1000,00,00,000 along with a premium of Rs 14,00,000, through the National Stock Exchange (NSE) Electronic Bidding Platform. The debentures, with a tenure of 39 months, will mature on November 10, 2029, and offer a coupon rate of 7.28% per annum.
TVS Motor Company Limited announced that its Administrative Committee of Directors approved the allotment of 100,000 Senior, Rated, Unsecured, Listed, Redeemable, Non-Convertible Debentures with a face value of Rs 100,000 each, for an aggregate amount of Rs 1000,00,00,000 along with a premium of Rs 14,00,000, through the National Stock Exchange (NSE) Electronic Bidding Platform. The debentures, with a tenure of 39 months, will mature on November 10, 2029, and offer a coupon rate of 7.28% per annum.