Tata Motors on Wednesday informed the BSE that a meeting of the board of directors will be held on June 28, 2010, to consider various options for raising long-term capital funds. This is in line with the company’s move to de-leverage its balance sheet and restructuring of debt.

C Ramakrishnan, CFO, said: “Our focus will be to improve cost structures including pricing ablility, cash flow management and better alignment of production.” Reduction of non-personnel-related overhead costs and divestment are also in the scheme of things.