Tata Projects Limited (TPL) has announced the record date for the payment of interest on its non-convertible debentures (NCDs). The record date is August 1, 2024, for the interest payment due on August 9, 2024.
The company has issued 8.43% unsecured rated listed redeemable non-convertible debentures-series M (ISIN: INE725H08154).
TPL is a leading infrastructure company in India. It has a strong track record of successful project execution and a diversified portfolio of projects across sectors such as power, transportation, and water.
The company's announcement of the record date for the payment of interest on its NCDs is a positive development for investors. It indicates that TPL is committed to meeting its financial obligations and is confident in its future prospects.
Key takeaways:
What does this mean for investors?
The announcement of the record date for the payment of interest on TPL's NCDs is a positive development for investors. It indicates that TPL is committed to meeting its financial obligations and is confident in its future prospects.
Investors should carefully consider their investment objectives and risk tolerance before investing in TPL's NCDs.
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