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Flipkart co-founder Sachin Bansal invests Rs 200 crore in Piramal Enterprises' debt, says report

Updated : July 15, 2019 10:13 AM IST

The NCDs subscribed by Bansal carry an interest coupon of around 9.5 percent and a repayment period of two years, the report said. 
Bansal had invested Rs 250 crore each, via debt, in non-banking financial companies (NBFCs) Altico Capital India Ltd and IndoStar Capital Finance Ltd, Mint reported earlier in February.
Flipkart co-founder Sachin Bansal invests Rs 200 crore in Piramal Enterprises' debt, says report

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