Tata Motors Partners with V.O. Chidambaranar Port Authority for Green Hydrogen Truck Deployment

0 min read     Updated on 27 Feb 2026, 05:44 AM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Tata Motors Passenger Vehicles has signed an MoU with V.O. Chidambaranar Port Authority to deploy 40 green hydrogen-powered heavy-duty trucks. This partnership represents a significant step towards sustainable transportation solutions in port operations and demonstrates Tata Motors' commitment to clean energy commercial vehicles in India's evolving mobility landscape.

33696862

*this image is generated using AI for illustrative purposes only.

Tata Motors Passenger Vehicles has announced a strategic partnership with V.O. Chidambaranar Port Authority through a Memorandum of Understanding (MoU) for the deployment of green hydrogen-powered commercial vehicles. This collaboration marks a significant development in India's sustainable transportation sector.

Partnership Details

The MoU encompasses the deployment of green hydrogen-powered heavy-duty trucks at the port facility. The partnership details are outlined in the following table:

Parameter: Details
Partner: V.O. Chidambaranar Port Authority
Vehicle Type: Green hydrogen-powered heavy-duty trucks
Number of Vehicles: 40
Application: Port operations

Strategic Significance

This partnership represents Tata Motors' continued focus on sustainable mobility solutions and clean energy commercial vehicles. The deployment of green hydrogen-powered trucks at V.O. Chidambaranar Port Authority demonstrates the practical application of alternative fuel technologies in commercial operations.

The collaboration aligns with India's broader objectives of reducing carbon emissions in the transportation sector and promoting the adoption of green hydrogen as a clean fuel alternative for heavy-duty commercial vehicles.

like17
dislike

Tata Motors Limited Completes Timely Interest Payment on Non-Convertible Debentures

1 min read     Updated on 26 Feb 2026, 06:55 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Tata Motors Limited successfully paid ₹4000 lakhs in annual interest on two series of 8% Non-Convertible Debentures on February 26, 2026. The payments covered E28-B series NCDs with ISINs INE1TAE08049 and INE1TAE08056, each worth ₹25000 lakhs, demonstrating the company's commitment to timely debt service obligations.

33657956

*this image is generated using AI for illustrative purposes only.

Tata Motors Limited (formerly TML Commercial Vehicles Limited) has successfully completed timely interest payments on its Non-Convertible Debentures, as intimated to BSE Limited and National Stock Exchange of India Limited under Regulation 57 of the SEBI (LODR) Regulations, 2015.

Interest Payment Details

The company made full payment of annual interest on February 26, 2026, covering two series of E28-B Non-Convertible Debentures. Both series represent rated, listed, unsecured 8% coupon, redeemable NCDs with identical payment structures.

Parameter Series 1 (INE1TAE08049) Series 2 (INE1TAE08056)
ISIN INE1TAE08049 INE1TAE08056
Issue Size ₹25000 lakhs ₹25000 lakhs
Interest Amount Paid ₹2000 lakhs ₹2000 lakhs
Payment Frequency Yearly Yearly
Interest Payment Record Date 09/02/2026 09/02/2026
Due Date 26/02/2026 26/02/2026
Actual Payment Date 26/02/2026 26/02/2026

Debenture Structure and Performance

Both debenture series carry an 8% annual coupon rate with yearly payment frequency. The total interest payment of ₹4000 lakhs represents the annual obligation on the combined ₹500 crore debenture issuance. The company maintained its payment schedule without any delays or changes in frequency.

The interest payment record date was set for February 9, 2026, providing adequate notice to debenture holders. The last interest payment for both series was made on February 27, 2025, maintaining the annual payment cycle.

Regulatory Compliance

The timely payment demonstrates Tata Motors Limited's adherence to its debt service obligations and regulatory requirements. The company certified full compliance with payment terms, with no reasons cited for non-payment or delays. This regulatory filing under SEBI (LODR) Regulations ensures transparency for both stock exchanges and debenture holders.

The successful completion of these interest payments reinforces the company's financial discipline in managing its debt obligations and maintaining investor confidence in its fixed-income securities.

like19
dislike

More News on Tata Motors