Updates on Outcome of Committee Meeting
With reference to the earlier letter dated August 11, 2016, Piramal Enterprises Ltd has now informed BSE that at the Meeting of Administrative Committee of the Board of Directors held on August 11, 2016, the Committee approved the issue of secured non-convertible debentures (NCDs) aggregating upto Rs. 550 crores on private placement basis in accordance with SEBI (Issue and Listing of Debt Securities) Regulations, 2008 as per the details mentioned in Annexures A & B.11-08-2016