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TARC Limited Announces New NCD Issuance and Terms Modification

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TARC Limited Announces New NCD Issuance and Terms Modification

Elevate Your Investing Strategy:

TARC Limited ( (IN:TARC) ) has issued an announcement.

TARC Limited announced the issuance of a new series of non-convertible debentures (NCDs) on a private placement basis, amounting to Rs. 409 Crore. The board also approved changes to the terms and conditions of existing NCDs, including provisions for premature redemption, subject to necessary approvals. This move is part of TARC’s strategic financial management, potentially impacting its liquidity and investment strategies.

More about TARC Limited

YTD Price Performance: -41.69%

Average Trading Volume: 60,133

Current Market Cap: 32.12B INR

For a thorough assessment of TARC stock, go to TipRanks’ Stock Analysis page.

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