Paul Merchants’ Wholly Owned Subsidiary-- Paul Merchants Finance (PMFPL) has raised Rs 2.81 crore through the allotment of 28,100 Secured Non-Convertible Debentures (NCDs) of Rs 1000 each to 12 allottees on Private Placement basis. The Executive Committee of the Board of Directors of the company, in their meeting held on November 29, 2023, has approved allotment of the same.
The company is engaged in to the business activities of providing financial services.