Investment29 Jul 2025, 05:41 pm

Piramal Enterprises to Raise Funds Through Non-Convertible Debentures

AI Summary

Piramal Enterprises Ltd has announced that it will consider raising funds by way of issue of Non-Convertible Debentures (NCDs) on Private Placement basis. The company will hold meetings of the Administrative Committee from 29th July 2025 to 31st March 2026 to consider and approve the issuance and allotment of NCDs, subject to market conditions.

Key Highlights

Piramal Enterprises to raise funds through Non-Convertible Debentures (NCDs)
The company will consider issuing NCDs on Private Placement basis
The decision is subject to market conditions
The Administrative Committee will meet several times from July 2025 to March 2026 to consider and approve the issuance and allotment of NCDs

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