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India’s Piramal Enterprises plans Rs. 10 billion issue of debentures
By Susanna Moon
Chicago, Feb. 29 – Piramal Enterprises Ltd. notified the Bombay Stock Exchange that it plans to issue up to Rs. 10 billion of secured non-convertible debentures.
The company’s board of directors approved the issue at a meeting held Monday, according to the notice.
Piramal Enterprises, formerly Piramal Healthcare Ltd., is a Mumbai-based subsidiary of the Piramal Group.
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