Piramal Finance to extend $70m debt for Hyderabad SEZ project

Piramal Finance to extend $70m debt for Hyderabad SEZ project

Khushru Jijina. Photo: Mint

Piramal Finance Pvt. Ltd, which houses the entire financial services business of the Piramal Group, has lent Rs 450 crore to a joint venture between Bengaluru-based developer Embassy Group and Hyderabad’s Phoenix Group, which is developing three special economic zones (SEZs) in Hyderabad, company executives said.

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