Tata Power Company Ltd has informed BSE that the Company had offered up to 33,22,30,130 Equity Shares of face value of Rs. 1/- each at a price of Rs. 60/- per Equity Share for an amount aggregating Rs. 1,993.38 crore on a Rights basis to the existing shareholders. The Issue has been oversubscribed 1.96 times, wherein the Company collected an amount of Rs. 3,916.41 crore on application.<br/><br/>In this regard, the Company has issued a Press Release dated April 21, 2014 titled "The Tata Power Company Limited Rights Issue oversubscribed by 1.96 times".
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