Piramal Finance has received approval for the issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) aggregating to Rs 675 crore, each having a face value of Rs 1,00,000 on Private Placement basis. The Debentures are proposed to be listed on the Wholesale Debt Market (WDM) segment of the BSE and NSE. The Committee of Directors (Administration, Authorisation & Finance) (Committee) at its meeting held on November 17, 2025, has approved the same.
Piramal Finance is a non-banking financial company regulated by the Reserve Bank of India. The company provides retail and wholesale financial services including home loans, loan against property, MSME loans, used-vehicle financing, and corporate lending.
