Piramal Finance Allots ₹1100 Cr NCDs via Private Placement

Piramal Finance Ltd announced the allotment of 1,10,000 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) worth ₹1100 crore. The allotment was approved at a Committee of Directors meeting held on September 21, 2026, on a private placement basis. These NCDs, each with a face value of ₹1,00,000, are intended for listing on the Wholesale Debt Market of NSE and BSE. This move signifies the company's ongoing strategy to raise capital through debt instruments to fund its operations and growth.