TATA POWER CO.LTD. - The Tata Power Company Limited Rights Issue oversubscribed by 1.96 times

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".