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 700 Secured, Rated, Listed, Redeemable Principal Protected, Market Linked Non-Convertible Debentures (‘Debentures’) each having a face value of Rs.10,00,000 at a further issue price of Rs. 10,11,025 per Debenture, aggregating to Rs. 70.77 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.
