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Piramal Enterprises raises Rs 800 crore via NCDs

30 Oct 2023 Evaluate

Piramal Enterprises has raised Rs 800 crore through the allotment of 8,000 Secured, Rated, Unlisted, Redeemable, Non-Convertible Debentures (NCDs) having a face value of Rs 10 lakh on private placement basis. The Meeting of Administrative Committee (‘Committee’) of the Board of Directors of the Company held on October 30, 2023 has allotted 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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