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Tata Motors to list on Tokyo exchange

NEW DELHI: Tata Motors plans to list its shares on the Tokyo Stock Exchange to raise funds, close on the heels of acquiring British marquees Jaguar and Land Rover last week, a Japanese media report said.

According to Japanese daily, The Nikkei, the firm is finalising plans to list the shares as depository receipts on the bourse in Japan.

When contacted, a Tata Motors spokesperson said the company “is at this stage exploring various avenues for sourcing its long term financing requirements and once finalised would make an appropriate disclosure.” — PTI

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