Piramal Enterprises has said that it has raised Rs 105 crore in the second tranche by issuing debentures as part of its overall plan to mop up Rs 1,000 crore.

Piramal Enterprises has said in a BSE filing that “At the meeting of Administrative Committee held on June 23, 2016, the committee approved allotment of 1,050 secured redeemable NCDs, having the face value of Rs 10,00,000 each aggregating Rs 105 crore under tranche II.”

The company earlier this month, raised Rs 300 crore through issuance on NCDs.

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