Sachin Bansal puts ₹200 cr in Piramal Enterprises' debt: Report

Flipkart Co-founder Sachin Bansal has invested ₹200 crore in debt papers issued by Piramal Enterprises, via non-convertible debentures (NCDs) route, Livemint reported. The NCD, issued at an interest coupon of around 9.5% and a repayment period of two years, would be used in Piramal's financial services business, the report said. Piramal Group is also reportedly in fundraising talks with SoftBank.