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Piramal Enterprises to raise funds up to Rs 200 crore

16 Sep 2017 Evaluate

Piramal Enterprises has received an approval for the allotment of 2,000 Secured Redeemable Non-Convertible Debentures (NCDs), having the Face Value of Rs 10 lakh each, aggregating to Rs 200 crore on private placement basis. The Meeting of Administrative Committee of the Board of Directors of the Company held on September 15, 2017 has approved the same.

Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services. 

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