Tata Communications zooms on getting nod to raise Rs 1,000 crore via NCDs
Tata Communications is currently trading at Rs. 1787.95, up by 56.20 points or 3.25% from its previous closing of Rs. 1731.75 on the BSE.
The scrip opened at Rs. 1706.00 and has touched a high and low of Rs. 1812.65 and Rs. 1700.30 respectively. So far 120440 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2175.00 on 03-Oct-2024 and a 52 week low of Rs. 1293.00 on 04-Mar-2025.
Last one week high and low of the scrip stood at Rs. 1812.65 and Rs. 1700.30 respectively. The current market cap of the company is Rs. 50815.50 crore.
The promoters holding in the company stood at 58.86%, while Institutions and Non-Institutions held 31.49% and 9.64% respectively.
Tata Communications has received approval for the proposal for raising of funds through issuance of Non-Convertible Debentures (NCDs) on private placement basis, for an amount up to Rs 1,000 crore. The Board also authorized an internal committee to take all actions in respect of finalization of terms of issuance and allotment of NCDs. The Board of Directors of the company at their meeting held on July 17, 2025 has approved the same.
Tata Communications along with its subsidiaries is a leading global provider of A New World of Communications.
