Piramal Finance invests Rs.400 crores in Hema Engineering

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.

(Live Mint)