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Published on 9/27/2016 in the Prospect News Emerging Markets Daily.

India’s Piramal may issue up to Rs. 5 billion of secured debentures

By Susanna Moon

Chicago, Sept. 27 – Piramal Enterprises Ltd. notified the Bombay Stock Exchange that it may issue up to Rs. 5 billion of secured debentures in a private placement.

The issue will be considered at a board meeting set for Sept. 30.

Piramal Enterprises, formerly Piramal Healthcare Ltd., is a Mumbai-based subsidiary of the Piramal Group.


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