Board of Piramal Enterprises approves allotment of 2.25 lakh equity shares on conversion of CCDs

At meeting held on 24 November 2017

The Board of Piramal Enterprises approved the allotment of 2,25,000 equity shares of face value of Rs 2 each at a conversion premium of Rs 2688 per share pursuant to conversion of 5,625 Compulsorily Convertible Debentures of face value of Rs 1,07,600 each aggregating to Rs 60.52 crore.

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