Mumbai, Aug. 1 -- Tata Motors on Thursday announced it will raise around €1 billion (approximately $1.14 billion or Rs.10,000 crore) in equity to help repay the loan backing its €3.8 billion (Rs.38,000 crore) acquisition of multinational transport vehicle manufacturing company Iveco's trucks and bus business, media reports said.
On 30 July 2025, Tata Motors announced the acquisition of Iveco's commercial vehicle business.
The deal, Tata Motors' largest since its $2.3 billion Jaguar Land Rover acquisition in 2008, will exclude Iveco's defence operations.
The company is considering a rights issue or qualified institutional placement (QIP) for the proposed equity raise.
Tata Motors also aims to monetise its stake in Tata Capi...
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