TTML to raise Rs 3,000 crore from Tata Teleservices
Tata Teleservices (Maharashtra) Ltd, TTML, said that it will raise up to Rs 3,000 crore from its promoter Tata Teleservices through allotment of preferential equities. The company, in a filing, has informed BSE that its board of directors has approved issue of redeemable preference shares upto an amount of Rs 3,000 crores to Tata Teleservices Limited (Promoter) on preferential basis pursuant to provisions of the Companies Act, 2013. The allotment of... Read More