Tata Motor Logo

Tata Motors statement on raising of additional long term resources – Rs.4,000 crores Press kit

Download press kit

11 March, 2008

The Board of Directors of Tata Motors, at its meeting held today, has in principle approved, subject to other approvals as may be required, raising of additional long term resources upto Rs.4,000 crores by issue of appropriate securities in the foreign and/or domestic market in one or more tranches on terms to be decided by the Board/Committee of Directors in due course as also the consequent increase in the Authorised Capital of the Company.

The Company has major growth plans for expanding its position in the domestic and global markets in both the commercial vehicle and passenger vehicle business. This will be achieved by upgrading and enhancing the Company’s product portfolio, expanding manufacturing facilities in India and strategic acquisitions/alliances in India and abroad. Whilst this may require incurrence of expenditure for organic growth over the next 3-4 years, the acquisition opportunities will have to be financed upfront. The said funds are being raised to part-finance overall funding requirements to meet some of the strategic plans.

Distributorship Enquiry Form

Refresh Icon

List Your Country Enquiry Form

Refresh Icon
Happy to connect

Happy to connect

Tata Motors Customer Care
  • Dealer LocatorDealer
  • EMI CalculatorEMI

    EMI Calculator

    EMI (per month) Rupee Symbol 0

    The information provided by the calculator is for illustrative purposes only. Actual EMI may vary as per exact loan offering. Please contact your nearest Tata Motors dealer for further details. EMI calculation reflects amounts in Indian Rupees rounded to the nearest whole number.

    EMI calculations are based on zero advance EMI scheme alone.

  • Contact UsContact