Tata Motors announced that TPG RISE Climate TopGun TPG a private equity fund has subscribed to 37500000 Compulsorily Convertible Preference Shares of the face value of Rs 1000 each in Tata Passenger Electric Mobility subsidiary of the company Tranche I Investor Securities on 30 March 2022 for an aggregate consideration of Rs 3750 crore as the first tranche of the potential investment aggregating Rs 7500 crore proposed transaction Pursuant to the aforesaid the Board of Directors of the Subsidiary has on 30 March 2022 accorded its approval for the allotment of the Tranche I Investor Securities to TPG as per the terms and conditions of the proposed transaction
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
