28-Sept-2026 18:18:52
PIRAMALFINGeneral news
PIRAMAL FINANCE : APPROVES ISSUANCE OF NCDS
• Committee of Directors approved issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) on Private Placement basis. • Issuance during April 1, 2026 to March 31, 2027. • Approved issuance of Secured, Rated, Listed, Redeemable, NCDs on Private Placement basis for Rs 500,00,00,000 with green shoe option up to Rs 1500,00,00,000, aggregating to Rs 2000,00,00,000. • Face value of Rs 1,00,000 per debenture. • Coupon/interest offered at 8.62% p.a., payable annually and on redemption date. • Debentures to be secured through a first ranking pari-passu charge by way of hypothecation over the Hypothecated Assets.
Piramal Finance Ltd
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