Piramal Enterprises Limited — Important, 29-04-2025: Updates

Piramal Enterprises has announced a board meeting to approve the issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures worth ₹300 Cr. Series 1, with a tenure of 820 days, offers an interest rate of 9.12% p.a., while Series 2 spans 1188 days at 9.19% p.a. This move aims to bolster liquidity and support future growth initiatives, positioning the company for potential expansion.