Updated Date: 1st Jan. 2022
Updated Time: 09:30am
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Updated Date: 16th Feb. 2021
Updated Time: 09:30am
Issuer: *Tata Motors Finance Limited (Perpetual) Tranche 5*
Rating: *[ICRA] A/Negative by ICRA*
Issue Size: *25.00 Cr base issue + (100 Cr. Green Shoe)*
Coupon: *9.55%/Annually*
Call Option: The Issuer may exercise Call Option on the date falling at the expiry of 10 years from the Deemed Date of Allotment and the last date of every month thereafter(each at a Call Option date)
Step Up: *100 bps after 10 Years*
Coupon Payment Dates: *02nd March/Annually*
Face Value: *10.00 Lacs*
EBP Announcement: *Thursday, 25th Feb 2021*
EBP Bidding: *Monday, 1st March 2021*
Pay in & Allotment: *Tuesday 2nd March 2021*
First Value Date: *Thursday, 04th March 2021*
*PRIMARY & SECONDARY BOOKING OPEN*
*FIRST COME FIRST SERVE*
Contact: 9552296706
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DISCLAIMER: All Finance Sector's like, Equiety, Mutual Funds, Currency, Commodity, Agreecultural Market tradings investments are subject to market risks, read all scheme related documents carefully.
Mutual Funds: The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates.
