Monday, 28 September 2026Updated 13m ago
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Funding and debt● Neutral for Piramal Finance

Piramal Finance approves ₹2,000 crore NCD issue at 8.62% interest

1 source · first seen 19:52 28 Sept · updated 19:52 28 Sept

The brief

Written from 1 report · check the source before you trade
  • Piramal Finance approved a ₹2,000 crore NCD issue at 8.62% interest
  • The private placement has a ₹500 crore base size, with an option for ₹1,500 crore in additional subscriptions
  • The borrowing adds funding for Piramal Finance; the 8.62% coupon is relevant to debt investors

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Read the reports

1 report · earliest 19:52
CNBC-TV18Piramal Finance approves ₹2,000 crore NCD issue at 8.62% interest19:52