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India’s Piramal Enterprises to consider Rs. 500 million of debentures
By Tali Rackner
Minneapolis, Aug. 3 – Piramal Enterprises Ltd. informed the Bombay Stock Exchange that its board of directors will meet on Tuesday to consider a private placement of up to Rs. 500 million of unsecured nonconvertible debentures.
The issue would have an up to Rs. 2 billion oversubscription option.
Piramal Enterprises, formerly Piramal Healthcare Ltd., is a Mumbai-based subsidiary of the Piramal Group.
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