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Piramal Enterprises informs about allotment of NCD

05 May 2022 Evaluate

With reference to its letter dated 4th May, 2022 with respect to allotment of Secured, Rated, Listed, Redeemable Principal Protected, Market Linked Non-Convertible Debentures. Pursuant to Regulations 30 and 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Piramal Enterprises has informed that at the Meeting of Administrative Committee (‘Committee’) of the Board of Directors of the Company held today, the Committee approved allotment of 1,000 Secured, Rated, Listed, Redeemable Principal Protected, Market Linked Non-Convertible Debentures (‘Debentures’) each having a face value of Rs 10,00,000 aggregating to Rs 100 crores 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 above information is a part of company’s filings submitted to BSE.

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