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Tata Motors Share Price: Tata Motors Zooms 18% On TPG Investment In Electric Vehicles Subsidiary - Vimarsana News

Tata Motors Share Price: Tata Motors Zooms 18% On TPG Investment In Electric Vehicles Subsidiary

The first round of capital infusion will be completed by March 22 and the entire funds will be infused by end of 2022, Tata Motors said in a regulatory filing to the stock exchanges.

Source: ndtv.com
Tata Motors to raise $1 bn in its passenger EV business from TPG Group - Vimarsana News

Tata Motors to raise $1 bn in its passenger EV business from TPG Group

TPG Rise Climate, along with co-investors, will invest Rs 7,500 crore in compulsory convertible instruments to secure between 11 per cent to 15 per cent stake in this company translating to an equity valuation of up to $9.1 bn.