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

Piramal Enterprises raises Rs 1000 crore through NCDs

Piramal Enterprises has raised funds aggregating to Rs 1000 crore on private placement basis. The Administrative Committee of the Board of Directors of the company, at its meeting held on November 22, 2018 has allotted 1,000 Secured Redeemable Non-Convertible Debentures (NCD’s), aggregating up to Rs 100 crore having a term of 12 months from the … Read more

Piramal Enterprises gets nod to raise funds through NCDs

Piramal Enterprises has received an approval to issue privately placed secured Non-Convertible Debentures (NCDs) 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 1000 crore in two series. The Administrative Committee of the Board of Directors of the company at … Read more

Piramal Enterprises raises Rs 500 crore through NCDs

Piramal Enterprises has raised funds aggregating to Rs 500 crore. The Administrative Committee of the Board of Directors of the company, at its meeting held on November 16, 2018 has allotted 5,000 Secured Redeemable Non-Convertible Debentures (NCDs), having the Face Value of Rs 10,00,000 each, aggregating to Rs 500 crore on private placement basis. These … Read more

Piramal Enterprises gets nod to raise Rs 400 crore through NCDs

Piramal Enterprises has received an approval for raising funds through issue of Secured Non-Convertible Debentures (NCDs) of Rs 400 crore on private placement basis, with an option to retain oversubscription of Rs 100 crore. The meeting of the Administrative Committee of the Board of Directors of the company held on November 15, 2018, approved the … Read more

Piramal Enterprises planning to raise funds through NCDs

Piramal Enterprises is planning to raise funds through issue of Secured Non-Convertible Debentures (NCDs) of Rs 400 crore on private placement basis, with an option to retain oversubscription of Rs 100 crore. The meeting of the Administrative Committee of the Board of Directors of the company will be held on November 15, 2018, to consider … Read more