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Piramal Finance gets nod to allot NCDs worth Rs 1100 crore
Sep-21-2026

Piramal Finance has received approval for allotment of 1,10,000 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) each having a face value of Rs 1,00,000 amounting Rs 1100 crore on Private Placement basis. These NCDs are proposed to be listed on the Wholesale Debt Market of National Stock Exchange of India (NSE) and BSE respectively, and NSE being the designated Stock Exchange.

The Committee of Directors (Administration, Authorisation & Finance) (the Committee) of the company at their meeting held on September 21, 2026 approved allotment of 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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