Tata Motors raises final tranche of Rs 3,750 crore from TRG Rise Climate
In October 2021, Tata Motors announced that it will raise USD 1 billion in its passenger Electric Vehicle (EV) business from TPG Rise Climate in exchange for compulsorily convertible preference shares to create a portfolio of EVs and dedicated Battery Electric Vehicle (BEV) platforms.
Tags : tata motors tpg tpg rise climate electric vehicle bse bev battery electric tranche ii investor securities tata motors
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