Piramal Enterprises has raised funds aggregating to Rs 150 crore through allotment of 1,500 secured, rated, unlisted, redeemable non-convertible debentures (NCDs) having a face value of Rs 10 lakh each on Private Placement. The Administrative Committee of the Board of Directors of the Company at its meeting held on January 16, 2020 has allotted the same.
Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.