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Tata Motors, India raises INR 37.5 billion crore from TPG Capital

On January 31, Tata Motors, India announced that TPG Rise Climate TopGun Pte. Ltd. has subscribed to 37.5 million compulsorily convertible preference shares for an aggregate consideration of INR 37.5 billion as the second tranche of the Transaction. With the subscription of the Tranche II Investor Securities by TPG, ....

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