India: Piramal Finance injects $51m in Mahagun to refinance debt, build new projects

Piramal Finance MD Khushru Jijina. Photo: Abhijit Bhatlekar/Mint

Piramal Finance Ltd, a subsidiary of Piramal Enterprises Ltd, has lent Rs325 crore to Noida-based realty firm Mahagun Group to refinance existing debt and as construction finance, top officials of the company have said.

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