Fundraise / allotmentFiled on BSE ·

Piramal Finance Limited approves issuance of secured NCDs on private placement

Piramal Finance Ltd · Finance

What the filing says

  • Issuance of secured, rated, listed, redeemable Non-Convertible Debentures on private placement basis approved
  • Base issue size ₹500 crore with green shoe option up to ₹1,500 crore, total ₹2,000 crore, face value ₹1 lakh each
  • Debentures to be listed on BSE and NSE within 3 working days post issue closing; tenure 3 years 45 days, coupon 8.57% p.a. payable annually and on redemption

Original filing

Announcement under Regulation 30 (LODR)-Issue of Securities

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.