Piramal Enterprises raises Rs 76.115 crore through NCDs

Piramal Enterprises has raised Rs 76.115 crore through Secured, Rated, Listed, Redeemable Principal Protected, Market Linked Non-Convertible Debentures (NCDs) and allotted 750 NCDs each having a face value of Rs 10,00,000, at a further issue price of Rs 10,14,869 per debenture on private placement basis.

piramal enterprises rises on completing repurchase of ncds
piramal enterprises rises on completing repurchase of ncds

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.

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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