Piramal Enterprises zooms on raising Rs 100 crore through NCDs
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Piramal Enterprises is currently trading at Rs. 2076.70, up by 51.60 points or 2.55% from its previous closing of Rs. 2025.10 on the BSE.
The scrip opened at Rs. 2065.00 and has touched a high and low of Rs. 2082.55 and Rs. 2047.85 respectively. So far 8600 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3013.00 on 07-Oct-2021 and a 52 week low of Rs. 1616.10 on 14-May-2021.
Last one week high and low of the scrip stood at Rs. 2232.40 and Rs. 2002.00 respectively. The current market cap of the company is Rs. 49393.84 crore.
The promoters holding in the company stood at 43.49%, while Institutions and Non-Institutions held 43.47% and 13.04% respectively.
Piramal Enterprises has raised Rs 100 crore through Secured, Rated, Listed, Redeemable Principal Protected, Market Linked Non-Convertible Debentures (NCDs) and allotted 1000 NCDs having a face value of Rs 10 lakh each on private placement basis. These Debentures are proposed to be listed on the Debt Segment and Capital Market Segment of National Stock Exchange of India (‘NSE’) and BSE respectively, and NSE being the designated Stock Exchange. The Board of Directors of the Company held on May 04, 2022 has approved the same.
Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.
