Economy · India
Piramal Finance Raises Funds Through QIP and Preferential Issue
Piramal Finance has successfully raised ₹2,100 crore through a Qualified Institutional Placement (QIP). Additionally, its board has approved a preferential issue of ₹1,750 crore. The QIP funds were raised from institutional investors, while the preferential issue involves the issuance of warrants to promoters.
How outlets across the spectrum covered it
L 0 C 3 R 0
- Centre (3): The Economic Times, The Financial Express, The Hindu BusinessLine