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Piramal Capital & Housing Finance raises ₹4,050 crore via NCDs
short by Krishna Raj / on Monday, 22 March, 2021
Piramal Enterprises (PEL) on Monday said its subsidiary Piramal Capital and Housing Finance has raised ₹4,050 crore debt by issuing five-year non-convertible debentures (NCDs) in two tranches. The first tranche of the NCD issue, amounting to ₹2,000 crore, had opened on March 10. The company said that the total money raised by PEL since April 2019 has touched ₹50,000 crore.
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