Piramal Enterprise to raise funds on private placement

Piramal Enterprise has received approval to raise funds through issue of secured Non-Convertible Bonds on private placement. The size of the issue is Rs 400 crore with green shoe option of Rs 200 crore such that the total value shall not exceed Rs 600 crore. The Administrative Committee of the Board of Directors of the … Read more

Piramal Enterprises’ arm launches new home loan product

Piramal Enterprises’ wholly owned subsidiary — Piramal Capital and Housing Finance (PCHFL) has launched its new home loan product – ‘AdvantAGE’ This product is specially designed for parent-child where both can together pay a higher EMI in the initial years and then in later years, post retirement of parent, the child can pay lower EMI … Read more