Piramal Enterprises Ltd. has approved the issuance of Secured, Rated, Listed, Redeemable, Non-Convertible Debentures worth Rs. 150 crores on a private placement basis, with a base issue size of Rs. 50 crores and an interest rate of 9.50% per annum. The tenure of these debentures is 3601 days, and they will be listed on BSE/NSE.