Piramal Finance Share Price in Focus; Allots ₹525 Crore NCDs Through Private Placement

Written by: Team Angel OneUpdated on: 8 Oct 2026, 6:53 pm IST

Piramal Finance has allotted 52,500 NCDs worth ₹525 crore through private placement, with listing proposed on NSE and BSE.

Piramal Finance Limited has allotted 52,500 non-convertible debentures (NCDs) worth ₹525 crore through private placement, according to a regulatory filing dated October 8, 2026.

The company said each NCD has a face value of ₹1 lakh. The securities are secured, rated, listed and redeemable. The allotment was approved by the Committee of Directors (Administration, Authorisation & Finance) during its meeting on October 8, 2026.

Listing on NSE and BSE

The NCDs are proposed to be listed on the Wholesale Debt Market of the NSE and BSE Limited. NSE will be the designated stock exchange for the issue.

The company has not disclosed details such as the coupon rate, maturity period, or redemption date in the October 8 filing. The disclosure covers the allotment, face value, and proposed listing of the debentures.

Earlier Communication on September 28, 2026

The latest filing follows Piramal Finance’s communication dated September 28, 2026, regarding the NCD issue. The October 8 announcement confirms the allotment of the securities following approval by the company committee.

Committee Meeting Held on October 8, 2026

The Committee of Directors meeting took place on October 8, 2026. Piramal Finance said the information was also made available on its website.

The filing was issued by Piramal Finance Limited, formerly known as Piramal Capital & Housing Finance Limited. Bipin Singh, Company Secretary, signed the disclosure.

As of October 8, 2026, 1:09 pm, Piramal Finance share price was trading at ₹1,966.10, a 0.78% decrease from the previous closing price.

Conclusion

Piramal Finance has allotted 52,500 NCDs with a total value of ₹525 crore through private placement. The securities are proposed to be listed on the Wholesale Debt Market of NSE and BSE.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 8, 2026, 1:23 PM IST

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