Piramal Finance Rs.2,100 crore QIP: Check key dates, indicative issue price, purpose behind fund raise
New Delhi, Aug. 25 -- Piramal Finance, a large Indian non-banking financial company (NBFC), is raising funds of up to Rs.2,100 crore through a qualified institutions placement (QIP). In an exchange filing on 24 August, the company said its board had authorised the opening of the issue on 24 August 2026.
Earlier on 16 July, the company, while reporting its June quarter earnings, informed that the board had approved raising funds up to Rs.4,000 crore.More to come.
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