Brief: Tarc Raises 13.30 Bln Rupees From Bain Capital

Tarc

05/05/2022 09:20

May 5 (Reuters) - Tarc Ltd  TART.NS :
    * TARC - RAISED 13.30 BILLION RUPEES FROM BAIN CAPITAL
    * TARC LTD - FUNDS WERE INFUSED BY BAIN CAPITAL CREDIT IN FORM OF SECURED LONG TERM NCDS
    * TARC LTD - UTILIZED PART OF THIS NEWLY INFUSED CAPITAL TO RETIRE ITS ENTIRE EXISTING DEBT
    * TARC - USE FUNDS TO EXPAND, MAINTAIN RECENTLY ACQUIRED GROWTH MOMENTUM

Source text for Eikon:  ID:nBSE7GwGwd 
Further company coverage:  TART.NS 

 ((Reuters.Briefs@thomsonreuters.com;))