Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Piramal Enterprises has informed that at the meeting of Administrative Committee of the Board of Directors of the company held today, the Committee approved the allotment of 5,000 Secured Redeemable Non-Convertible Debentures (NCD's), having the Face Value of Rs 10,00,000 each, aggregating to Rs 500 crores on private placement basis. These NCDs are proposed to be listed on Wholesale Debt Market segment of NSE.
The above information is a part of company’s filings submitted to BSE.
