Piramal Finance raises ₹1,100 crore through NCD issuance
Piramal Finance allotted 1,10,000 secured NCDs raising ₹1,100 crore through private placement. The company reported a consolidated net profit of ₹461 crore for Q1 FY27, marking a 67% YoY growth. An investor meeting is set for 28 September 2026.
pre-market1 source ↓written by the desknot a recommendation
- to raise
- 1,10,000 secured NCDs
- via private placement
- ₹1,100 crore
- to enhance institutional
- 28 September 2026
- for Q1 FY27
- ₹461 crore
- 67% YoY
Piramal Finance has successfully allotted 1,10,000 secured NCDs to raise ₹1,100 crore via private placement. This issuance follows a substantial capital raise in August 2026. An investor meeting is scheduled for 28 September 2026 to enhance institutional engagement. 📈
• Consolidated net profit of ₹461 crore for Q1 FY27, up 67% YoY.
This strategic move may strengthen market confidence and liquidity.
Not investment advice. For informational purposes only.