Piramal board meet on NCD issue

Our Bureau Mumbai | Updated on January 15, 2020 Published on January 15, 2020


Piramal Enterprises (PEL) on Tuesday said a meeting of the Administrative Committee of its board of directors will be held on January 17, to consider and approve the issue of secured non-convertible debentures on private placement basis amounting to ₹300 crore. The Ajay Piramal-promoted PEL has three lines of business — Piramal Pharma, Financial Services (Piramal Capital & Housing Finance and India Resurgence Fund) and Healthcare Insights & Analytics. On Monday, Piramal Enterprises stock closed at ₹1,445.4, up 0.63 per cent, on the BSE.

Published on January 15, 2020
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.