Piramal Enterprises is planning to raise Rs 750 crore through the issue of Secured, Rated, Listed, Redeemable, Principal Protected, Market Linked Non-Convertible Debentures up to Rs 100 crore along with an option to retain oversubscription up to Rs 650 crore, the total size aggregating up to Rs 750 crore, on a private placement basis. A meeting of the Administrative Committee of the Board of Directors of the Company will be held on September 20, 2022, to consider and approve the same.
Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.
