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Piramal Enterprises plans to raise up to Rs 1,000 crore via NCDs

Updated : November 21, 2018 04:10 PM IST

The administrative committee of the board approved issue of secured NCDs on private placement basis up to Rs 500 crore with an option to retain over-subscription of up to Rs 500 crore, aggregating the total issue size to Rs 1,000 crores in two series, the company said in a filing to the BSE.
The issue size of Series 1 is Rs 100 crore, it added.
Piramal Enterprises plans to raise up to Rs 1,000 crore via NCDs

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