PIRAMAL ENTERPRISES LTD. - Outcome of Committee Meeting

Piramal Enterprises Ltd has informed BSE that at the Meeting of Committee of Directors (Funding) held on March 18, 2016, the Committee approved the issue of unsecured non-convertible debentures (NCDs) aggregating upto Rs. 100 crores on a private placement basis.<BR><BR>The meeting commenced at 5:00 p.m. and concluded at 5:30 p.m.