Investment27 March 2026 at 04:01 pm
Piramal Finance Ltd. to Raise Funds via Non-Convertible Debentures
AI Summary
Piramal Finance Ltd. has announced its intention to raise funds through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The decision was made during a recent Board Meeting, subject to market conditions. The Committee of Directors (Administration, Authorisation & Finance) will meet periodically from 1st April 2026 to 31st March 2027 to consider and approve the issuance and allotment of NCDs.
Key Highlights
- Piramal Finance Ltd. to raise funds through NCDs
- Funds to be raised on private placement basis
- Decision subject to market conditions
- Committee of Directors to meet periodically for NCD issuance and allotment approval