Piramal Enterprises to issue NCDs aggregating Rs 1100 cr

On private placement basis

Piramal Enterprises announced that the Administrative Committee of Board of Directors of the Company at its meeting held on 20 June 2017 has approved the issue of secured Non Convertible Debentures on private placement basis upto Rs 600 crore with an option to retain over subscription of Rs 500 crore, aggregating the total issue size to Rs 1100 crore.

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