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Tata Digital to raise INR 3,462 Cr from Tata Sons: Report

Shortpedia

Content Team
Image Credit: telegraph india

Super app Tata Neu’s parent company Tata Digital is reportedly increasing its authorised share capital from INR 15,000 Cr to INR 20,000 Cr as it looks to raise fresh funds from Tata Sons. Further, according to an ET report, Tata Digital has already received the approval of its board to raise INR 3,462 Cr in two tranches from Tata Sons, taking the total issued share capital to INR 15,934 Cr.