Piramal Enterprises today said it is looking to raise up to Rs 1,000 crore through issuance of non-convertible debentures on private placement basis. "A meeting of the company's Committee of Directors (Funding) will be held on February 29, 2016 to consider and approve the issue on private placement basis of secured non-convertible debentures (NCDs) amounting up to Rs 1,000 crore in one or more tranches from time to time," Piramal Enterprises said in a regulatory filing.
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