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Piramal Enterprises to raise up to Rs 1,000 crore via NCDs

28 Jun 2021 Evaluate

Piramal Enterprises has decided to raise up to Rs 1,000 crore through issuance of non-convertible debentures (NCDs) on private placement basis. The administrative committee of the board has approved the issue of secured, rated, listed, redeemable principal protected, market linked NCDs on private placement basis.

Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.

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