Piramal Enterprises has received approval to raise funds worth Rs 1,500 crore through issuance of secured, rated, unlisted, redeemable Non-Convertible Debentures on private placement basis. The Board of Directors of the Company at its meeting held on July 10, 2019 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.