Piramal Finance Ltd, a unit of Piramal Enterprises Ltd has invested Rs.400 crores in Gurgaon-based auto parts maker Hema Engineering Industries Ltd. Hema Engineering will use the funds to refinance existing loans and fund the company’s capex plans.
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Date posted: Thursday 10 August 2017
Piramal Finance Ltd, a unit of Piramal Enterprises Ltd has invested Rs.400 crores in Gurgaon-based auto parts maker Hema Engineering Industries Ltd. Hema Engineering will use the funds to refinance existing loans and fund the company’s capex plans.