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Piramal Enterprises to raise Rs 2,750 cr via bonds in multiple tranches

Piramal Enterprises said the money can be raised in one or more tranches from time to time.

Press Trust of India 

Ajay Piramal
Ajay Piramal

on Wednesday said it will raise up to Rs 2,750 crore by issuing on private placement basis. "A meeting of the Administrative Committee of the Board of Directors of the Company will be held on Saturday, 28th December, 2019, to consider and approve the issue of secured non-convertible debentures on private placement basis amounting up to Rs 2,750 crore," it said in a regulatory filing.

said the money can be raised in one or more tranches from time to time.

First Published: Thu, December 26 2019. 01:32 IST
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