Which two Tata Group units are planning corporate bond sales, and how much are they aiming to raise?

Tata Steel is set to raise 30 billion rupees ($313.23 million) through a sale of five-year bonds, while Tata Projects could raise 5 billion to 10 billion rupees via a combination of three-year and five-year papers.

Why have Tata Steel and Tata Projects delayed their bond issuances, and what recent market development has prompted them to act now?

Both companies have alerted merchant bankers and are waiting for interest rates to ease further before tapping the market; this follows the Reserve Bank of India’s decision to maintain key policy rates unchanged, which led to a decline in corporate bond yields — including a ~50 basis point drop in AAA-rated two-to-five-year bond yields after they had risen past 8%, their highest since early 2019.

India's Tata Group units plan bond sales after year-long gap, bankers say

Jun 8, 2026

Bankers report Tata Steel and Tata Projects plan bond sales totaling up to 40 billion rupees following eased yields, though Tata Steel officially denied having imminent issuance plans.

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India's Tata Group units plan bond sales after year-long gap, bankers say

India's Tata Group units plan bond sales after year-long gap, bankers say

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