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2025-11-18 04:23:23 pm | Source: Accord Fintech
Piramal Finance touches roof on getting nod to raise Rs 675 crore via NCDs
Piramal Finance touches roof on getting nod to raise Rs 675 crore via NCDs

Piramal Finance is locked its upper circuit limit at Rs. 1642.00, up by 78.15 points or 5.00% from its previous closing of Rs. 1563.85 on the BSE.

The scrip opened at Rs. 1642.00 and has touched a high and low of Rs. 1642.00 and Rs. 1501.80 respectively. So far 12836 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,642.00 on 18-Nov-2025 and a 52 week low of Rs. 1235.15 on 07-Nov-2025.

Last one week high and low of the scrip stood at Rs. 1642.00 and Rs. 1366.90 respectively. The current market cap of the company is Rs. 37220.48 crore.

The promoters holding in the company stood at 39.21%, while Institutions and Non-Institutions held 3.70% and 57.09% respectively.

Piramal Finance has received approval for the issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) aggregating to Rs 675 crore, each having a face value of Rs 1,00,000 on Private Placement basis. The Debentures are proposed to be listed on the Wholesale Debt Market (WDM) segment of the BSE and NSE. The Committee of Directors (Administration, Authorisation & Finance) (Committee) at its meeting held on November 17, 2025, has approved the same. 

Piramal Finance is a non-banking financial company regulated by the Reserve Bank of India. The company provides retail and wholesale financial services including home loans, loan against property, MSME loans, used-vehicle financing, and corporate lending. 

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