Tata Motors Shares in Focus: Plans to Raise Upto ₹2,000 Crore

Tata Motors Ltd., a prominent manufacturer of both domestic and commercial vehicles, announced that it has decided to convene a board meeting on Wednesday, March 19, to discuss a proposal to raise to ₹2,000 crore. The funds will be raised through the issuance of rated, listed, unsecured, redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The board had previously approved the fund-raising plan in March and May of last year.

Use of Funds

The raised funds are expected to be used for general corporate purposes, including but not limited to, research and development, capacity expansion, and working capital needs. The March 19 meeting is anticipated to provide more details about the terms and conditions of the NCD issuance, such as the coupon rate and maturity period.

Tata Motors Sales Performance

Tata Motors’ domestic and international sales for February 2025 totalled 79,344 vehicles, down from 86,406 units in February 2024. Domestic sales of MH&ICV, which include trucks and buses, were 15,940 units in February 2025, compared to 16,227 units in the same month last year. Total sales for Tata Motors’ MH&ICV Domestic & International Business, including trucks and buses, stood at 16,693 units in February 2025, slightly higher than 16,663 units in February 2024.

For Q3 FY25, Tata Motors Group’s global wholesale sales, including Jaguar Land Rover, reached 341,791 units, a 1% increase compared to Q3 FY24. Global wholesales of Tata Motors’ commercial vehicles and Tata Daewoo range in Q3 FY25 were 97,535 units, reflecting a 1% decrease from Q3 FY24.

Global wholesales of Tata Motors’ passenger vehicles in Q3 FY25 were 139,829 units, showing a 1% increase compared to Q3 FY24. Jaguar Land Rover’s global wholesales reached 104,427 vehicles, up by 3% from Q3 FY24. Jaguar wholesales for the quarter were 5,604 vehicles, while Land Rover wholesales totalled 98,823 vehicles.

Conclusion

Tata Motors plans to raise ₹2,000 crore via the issue of rated, listed, unsecured, redeemable, Non-Convertible Debentures (NCDs) on a private placement basis. The fund will be deployed mainly for research and development, capacity expansion, and working capital needs On March 17, 2025, Tata Motors shares opened at ₹665.50 and touched the day high of ₹665.50 at 09:25 AM.

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