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Piramal Finance aid Rs 700 cr to ACME Solar

Piramal Finance aid Rs 700 cr to ACME Solar

Piramal Enterprises through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs 700 crore to ACME Solar Holdings Ltd. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Ltd by introducing a new product - a Flexi Line of Credit - for the renewable energy sector.