India’s Piramal Enterprises OKs up to Rs. 5 billion in debentures

By Tanya Meyer

Chicago, Jan. 5 – Piramal Enterprises Ltd. has informed the Bombay Stock Exchange that the funding committee of its board of directors approved the issuance of up to Rs. 5 billion in secured, non-convertible debentures at its Jan. 5 meeting.

Piramal Enterprises is a Mumbai-based subsidiary of Piramal Group with a focus on the pharmaceutical, financial services and information management industries.

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