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Piramal Capital & Housing approves up to Rs. 500 million debentures
By Rebecca Melvin
New York, May 12 – Piramal Capital & Housing Finance Ltd. notified the Bombay Stock Exchange on Tuesday that its board of directors approved a private placement of up to Rs. 500 million of secured non-convertible debentures.
The debentures are redeemable and will be listed, according to the notice.
The housing finance company is a subsidiary of Mumbai-based Piramal Enterprises Ltd.
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