Intimation regarding allotment of 10,000 Non-Convertible Debentures under existing ISIN - INE140A07831 and 14,000 Non-Convertible Debentures under existing ISIN - INE140A07815 at its meeting ....
Awaiting price reaction for this filing.
Piramal Enterprises has allotted 24,000 Non-Convertible Debentures (NCDs) on a private placement basis in two series, raising a total of Rs. 240 Crores. Series 1 consists of 14,000 NCDs worth Rs. 140 Crores (ISIN: INE140A07815), and Series 2 consists of 10,000 NCDs worth Rs. 100 Crores (ISIN: INE140A07831), each with a face value of Rs. 1,00,000. These are additional allotments under existing ISINs, approved by the Administrative Committee of the Board on 5th June 2025. The NCDs are proposed to be listed on the Wholesale Debt Market segment of NSE and BSE, with NSE as the designated stock exchange.
This Rs. 240 Crore NCD issuance strengthens the company's debt funding capacity through private placement. For equity shareholders, the impact is neutral in the short term, though successful debt raises may support business growth or refinancing needs.