Piramal Finance Limited has completed a share allotment to existing shareholders of Piramal Enterprises Limited in a 1:1 ratio on September 25, 2025, following an NCLT-approved Scheme of Arrangement. The scheme involved the transfer of shares between Piramal Enterprises Limited and Piramal Finance Limited. Trading for Piramal Finance Limited shares commenced on November 7, 2025. The company is listed on BSE Limited and National Stock Exchange of India Limited. Key stakeholders include Ajay G. Piramal and various Piramal family trusts and entities, with Anutham Realty Private Limited holding the largest stake at 24.90% of the diluted share capital.
Piramal Finance Schedules Committee Meeting to Consider NCD Document Modifications1 day ago
Piramal Finance Limited has announced that its Committee of Directors will meet on November 14, 2025, to consider and approve modifications in clauses mentioned in the Information Memorandum and other relevant documents related to Non-Convertible Debentures. The modifications pertain to NCDs issued under ISINs INES16Y07014 and INE516Y07063 on a private placement basis. The company has informed BSE and NSE about this scheduled committee meeting.
Piramal Finance has announced plans to double its Assets Under Management (AUM) to ₹1.5 lakh crore over the next three years using an AI-driven growth model. The company expects retail lending to grow at a CAGR of 24-26%, with retail now comprising over 60% of its portfolio. The company has reduced its operating expense to AUM guidance by 25 basis points as part of its profitability focus. Piramal Finance is strengthening risk management through its in-house AI bot called 'Arya' for credit and collections processes. The company aims to become AI-native and retail-led while targeting a return on AUM of over 3%. Management describes the company as well-capitalized and positioned for predictable, technology-enabled expansion.