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Wednesday, November 4, 2009

TATA Capital NCD - update



Many of our investors are enjoying 12% interest from TATA Capital Non Convertible Debentures. And they would continue to enjoy this interest for the next 4 years. This is really good, since the ruling interest rate offered by Banks, companies is only 8% : Hence TATA NCD's are offering 50% more.

Recently, the company sent a circular indicating when the interests have been credited / would be credited into the investors bank account. We are attaching the same for the benefit of these investors.

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