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India’s Piramal mulls Rs. 3 billion private placement of debentures
By Susanna Moon
Chicago, June 7 – Piramal Enterprises Ltd. notified the Bombay Stock Exchange that it may issue up to Rs. 3 billion of secured debentures in a private placement.
The company’s board of directors will meet on June 10 to consider the bond issue, according to a notice.
Mumbai, India-based Piramal is a diversified company with a presence in the pharmaceutical, financial services and information management sectors.
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