Administrative Committee Meeting on Oct 10, 2016

• Security Code: 500302
• Company: PEL

Piramal Enterprises Ltd has informed BSE that a meeting of the Administrative Committee of the Board of Directors of the Company (“Committee”), which has been duly empowered, will be held on October 10, 2016, to consider and approve the early redemption of Non - Convertible Debentures (“NCDs”) issued by the Company, subject to receipt of consent(s) from the relevant holders of the NCDs for such early redemption. At the same meeting the Committee shall also fix the record date for the redemption, which will be intimated at that time.