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Piramal Enterprises raises Rs 400 crore through NCDs

28 Sep 2021 Evaluate

Piramal Enterprises has raised Rs 400 crore through Secured, Rated, Listed, Redeemable Principal Protected, Market Linked Non-Convertible Debentures (NCDs) and allotted 4000 NCDs having a face value of Rs 10,00,000 each on private placement basis. These Debentures are proposed to be listed on Wholesale Debt Segment and Capital Market Segment of NSE & BSE.

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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