MoneyWorks4Me

Piramal Enterprises raises Rs 500 crore via NCDs

31 Jan 2023 Evaluate

Piramal Enterprises has raised Rs 500 crore through the allotment of 5,000 Secured, Rated, Unlisted, Redeemable, Non-Convertible Debentures (NCDs) each having a face value of Rs 10,00,000, on private placement basis. The Administrative Committee of the Board of Directors of the Company at the Meeting held on January 31, 2023, has approved allotment of the same.

Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.

Peers