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Tata capital Ltd IPO

    Aadarsh Kanojiya
    @aadarsh_rk
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    Tata Capital Ltd IPO updates👇🏼


    Tata Capital Ltd (TCL) to have a shareholders meeting on March 27, Thursday to resolve the following business(es):

    - Approval of TCL IPO
    (There is a chance of shareholder reservation though it's very early to speak on it)

    - Increasing foreign investment limit in the company to 24% (from 10%)

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    - Other business includes amendment to ESOP Scheme of the company and approval of related party transactions.

    Coming to the timeline, it seems that TCL DRHP is very likely to be filed in late April 2025.