India: Piramal Enterprises to bid for debt-laden companies across sectors

India: Piramal Enterprises to bid for debt-laden companies across sectors

A file photo of Ajay Piramal, chairman, Piramal Group. Photo: Mint

Piramal Enterprises Ltd (PEL) plans to bid for debt-laden companies across six to seven sectors including auto ancillary, cement and textiles that are currently undergoing insolvency proceedings, group chairman Ajay Piramal said.

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