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Piramal Enterprises raises Rs 100 crore through NCDs

05 May 2022 Evaluate

Piramal Enterprises has raised Rs 100 crore through Secured, Rated, Listed, Redeemable Principal Protected, Market Linked Non-Convertible Debentures (NCDs) and allotted 1000 NCDs having a face value of Rs 10 lakh each on private placement basis. These Debentures are proposed to be listed on the Debt Segment and Capital Market Segment of National Stock Exchange of India (‘NSE’) and BSE respectively, and NSE being the designated Stock Exchange. The Board of Directors of the Company held on May 04, 2022 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.

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