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Pilani Investment gets nod to raise Rs 1,000 crore through CP

21 Apr 2020 Evaluate

Pilani Investment and Industries Corporation has received approval for the proposal of raising funds by issuance of Commercial Paper (CP) by the company upto Rs 1,000 crore in tranches. The meeting of Board of directors of the company held on April 21, 2020 approved the same.

Pilani Investment and Industries Corporation is an Investment Company registered with Reserve Bank of India as a Non- Banking Financial Company without accepting public deposits.

Peers
Company Name CMP
Bajaj Finserv 1720.75
TVS Holdings 11603.45
Cholamandalam Fin. 1386.35
Altius Telecom Infra 174.00
Kama Holdings 2251.00
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