TVS Motor Company said Friday its board of directors will meet later this month to consider raising funds through debentures.
The company’s board of directors will review and approve the raising of funds through the issuance of non-convertible redeemable debentures on a private placement basis, in one or more tranches/series, it said in a filing. regulatory.
Details on how much it plans to raise through the debenture issue were not disclosed.
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