The companys board will consider and approve the issue of secured, rated, listed, redeemable, principal protected, market linked Non-Convertible Debentures up to Rs 50 crore along with an option to retain oversubscription up to Rs 325 crore. The total aggregate size of the issue including oversubscription is Rs 375 crore. The NBFC aims to raise funds on a private placement basis.
Piramal Enterprises (PEL) has diversified business interests in financial services and pharmaceuticals. The company reported 11.1% rise in consolidated net profit to Rs 887.96 crore on a 20.4% increase in net sales to Rs 3,816.16 crore in Q3 FY22 over Q3 FY21.
Shares of Piramal Enterprises were trading 0.94% higher at Rs 2242.90 on BSE.
Powered by Capital Market – Live News
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.