NCD News of Piramal Enterprises NCD Tranche I October 2023

Piramal Enterprises Limited is coming up with Public Issue of Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) of the face value of ₹ 1000 each, for an amount of ₹1,000.00 Crores ('Base Issue Size') " with an option to retain oversubscription up to ₹3,000.00 Crores.

Incorporated in April 1947, is a business corporation comprising of small subsidiaries, typically operating in different industries with diverse interests in pharma, financial services and real estate. Piramal Group has established offices in more than 30 countries and has a global presence in 100 plus countries. Company employes more than 10,000 employees with different nationalities.

Allotment of the NCD's will be done on First Come First Serve Basis.

Piramal Enterprises NCD Tranche I October 2023 is rated [ICRA]AA (Stable) by ICRA Limited and CARE AA (Stable) by CARE Ratings Limited.

The issue opens on Oct 19, 2023 and closes for subscription on Oct 30, 2023. The shares of the company to be list at BSE, NSE.

The public issue of Piramal Enterprises Limited opens on Oct 19, 2023 and closes for subscription on Oct 30, 2023.

The Piramal Enterprises NCD Tranche I October 2023 are proposed to list at BSE, NSE.

Allotment of the NCD's will be done on First Come First Serve Basis.