Piramal Enterprises is planning to raise fund worth Rs 1,500 crore through issuance of secured Non-Convertible Debentures (NCDs) on private placement basis. The Board of Directors of the Company at its meeting to be held on July 10, 2019 will consider the same.
Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.