India’s Piramal sets meeting to consider Rs. 1 billion of debentures

By Devika Patel

Knoxville, Tenn., Dec. 28 – Piramal Enterprises Ltd. informed the Bombay Stock Exchange that it will weigh plans to issue up to Rs. 1 billion of non-convertible debentures on private placement basis at an administrative committee meeting on Jan. 2.

The company previously approved plans to issue up to Rs. 26.25 billion of the securities at a board of directors meeting on Dec. 21.

Piramal Enterprises is a Mumbai-based subsidiary of the Piramal Group.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.