Piramal Finance Limited will host a Debt Investors Roadshow in Japan on October 14, 2026. The event involves direct interaction with institutional debt investors to discuss the company's financial standing and outlook.

Meeting Details

The company filed an intimation with the stock exchanges regarding the schedule of the Analyst and Institutional Investor meeting. This disclosure is made pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The company noted that the scheduled date is subject to change. Any modifications may occur due to exigencies on the part of either the investors or the company. The filing was signed by Bipin Singh, Company Secretary, on October 8, 2026.

Piramal Finance Limited promoter group holding has risen to 46.11% on a diluted basis following the allotment of convertible warrants to Nithyam Realty Private Limited. The acquisition adds 3.39% to the group's shareholding, bringing the total diluted stake to over 46%.

The Committee of Directors (Administration, Authorisation & Finance) approved the allotment of 82,94,000 warrants at a meeting held on October 5, 2026. This action follows prior approvals from the Board of Directors and shareholders, as well as in-principle clearances from stock exchanges. The aggregate consideration for this preferential allotment is ₹1,750.03 crore.

Allotment Details and Subscription

The warrants were issued to Nithyam Realty Private Limited, classified under the Promoter Group category. The subscriber paid 25% of the aggregate consideration at the time of allotment, amounting to ₹437.51 crore. The remaining consideration will be paid upon conversion of the warrants into equity shares.

Shareholding Pattern and Dilution Impact

Prior to this transaction, the Promoter Group held 10,46,35,805 equity shares, representing 44.22% of the total share capital and 44.31% of total voting rights. The new warrant allotment does not immediately change the paid-up equity share capital, which remains at 23,66,30,306 shares. However, it increases the total diluted share capital to 24,49,24,306 shares.

Post-allotment, the Promoter Group's holding on a diluted basis stands at 42.72% for shares and 3.39% for warrants, aggregating to 46.11%. The voting rights on a diluted basis are now 42.81% from shares and 3.39% from warrants, totaling 46.20%.

Regulatory Compliance and Timeline

This disclosure is made under Regulation 30 of the SEBI Listing Regulations and Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The process involved several key steps:

1. Board approval received on August 24, 2026.
2. Special resolution passed by shareholders at an Extraordinary General Meeting on September 19, 2026.
3. In-principle approvals from the National Stock Exchange of India Limited and BSE Limited received on September 29, 2026.
4. Final allotment approved by the Committee of Directors on October 5, 2026.

The company previously operated as Piramal Capital & Housing Finance Limited. The information regarding this allotment is also available on the company's website.