India’s Piramal mulling up to Rs. 5 billion nonconvertible debentures

By Wendy Van Sickle

Columbus, Ohio, Dec. 31 – Piramal Enterprises Ltd.’s committee of directors for funding will meet Jan. 5 to consider the issuance of up to Rs. 5 billion of secured nonconvertible debentures, according to a notice with the Bombay Stock Exchange.

Mumbai, India-based Piramal is a diversified company with a presence in the pharmaceutical, financial services and information management sectors.

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