SECTOR
Pilani Investment raises Rs 500 crore via NCDs
Mar-25-2026

Pilani Investment And Industries Corporation has raised Rs 500 crore through the allotment of 50,000 Fully Paid, Unsecured, Listed, Rated, Non-Cumulative, Redeemable, Rupee Denominated, Non-Convertible Debentures (NCDs) of Face Value of Rs 1,00,000 each, on private placement basis. These NCDs have been rated as ‘AA+ (STABLE)’ by CARE and CRISIL.

Pilani Investment and Industries Corporation is an Investment Company registered with Reserve Bank of India as a Non- Banking Financial Company without accepting public deposits. 


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