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Piramal Enterprises board approves Rs 5,400 crore fundraising

Updated : October 25, 2019 02:48 PM IST

Piramal Ent will raise up to Rs 1,750 crore via preferential issue of Compulsory Convertible Debentures
Company will issue equity shares worth Rs 3,650 crore via rights issue at Rs 1,300/share to existing shareholders

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