Piramal Enterprises has raised Rs 50 crore through the allotment of 5,000 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) each having a face value of Rs 1,00,000, on a 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 Meeting of Administrative Committee (‘Committee’) of the Board of Directors of the Company held on August 27, 2024, 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.
