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Piramal Enterprises gets nod to raise up to Rs 500 crore through NCDs

14 Jul 2022 Evaluate

Piramal Enterprises has received approval to raise up to Rs 50 crore along with an option to retain over subscription of up to Rs 450 crore, aggregating up to Rs 500 crore through issuance of Secured, Rated, Listed, Redeemable, Principal Protected, Market Linked Non-Convertible Debentures (NCDs) on private placement basis. The board of directors at its meeting held on July 14, 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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