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Latest Articles in piramal enterprises
Piramal Enterprises Gets Board Nod To Raise Up To Rs 700 Cr Through Bonds
The committee in its meeting held on Wednesday approved the issuance of the NCDs on private placement basis, Piramal Enterprises said in a regulatory filing
Read MorePiramal Strengthens Governance Framework For Sustainability
A well-structured environmental governance framework along with the work done by the Piramal Foundation in healthcare and education has placed Piramal Enterprises in the top 20 list of most sustainable companies
Read MorePiramal Enterprises Q2 Results: Net Profit Declines 32% To Rs 426 Crore
Consolidated revenue from operations stood at Rs 3,105.52 crore for the quarter under consideration. It was Rs 3,301.84 crore for the same period a year ago
Read MorePiramal Enterprises Board Approves Scheme For Pharma Biz Demerger
Shares of Piramal Enterprises were trading at Rs 2,924.45 per scrip on BSE, up 2.90 per cent from its previous close.
Read MorePiramal Capital & Housing Finance Acquires DHFL Via Reverse Merger
PCHFL has merged into DHFL with effect from September 30, 2021 pursuant to the reverse merger as contemplated under scheme of arrangement provided under the resolution plan
Read MorePiramal Pays Consideration For Dewan Housing Finance (DHFL) Acquisition And Merger
In January 2021, 94 per cent of the Creditors of DHFL voted in favor of Piramal’s resolution plan. According to the official statement, approval was also obtained from the RBI, CCI, and NCLT for the completion of this transaction. As a part of the process, Piramal Capital and Housing Finance Ltd. (PCHFL) will merge with DHFL. The merged entity will be 100 per cent owned by Piramal Enterprises.
Read MorePiramal Pays Consideration For Acquisition And Merger Of Dewan Housing Finance (DHFL)
The total consideration paid by the Piramal Group of ~INR 34,250 Crores at the completion of the acquisition, includes an upfront cash component of ~INR 14,700 Crores and issuance of debt instruments of ~INR 19,550 Crores.
Read MoreIndiaRF To Invest Rs 615 Cr In Auto Components Major Setco Gp
"The investment proceeds will be used for growth capital and providing working capital to enable the businesses of (SASPL) to grow on the back of anticipated recovery in the commercial vehicles market, meet the demand in the replacement market and re-finance/repay debt facilities,"
Read MorePiramal Foundation, Niti Launch Home-Care Support For COVID Patients In Aspirational Districts
The Foundation is going to train local volunteers to connect with covid patients who are asymptomatic or have mild symptoms in aspirational districts and assist them in how to take care of the infection.
Read MorePiramal Group Announces The Appointment Of Kalpesh Kikani As CEO, Piramal Alternatives
Kalpesh holds a Bachelor of Engineering Degree in Computer Science and an MBA in Finance from Bombay University and is a member of the CFA Institute, USA.
Read MoreDriving An Owner-Driven Business
Piramal has the industry advantage to score high on sustainability amongst companies in India as its pharmaceutical business that contributed 41 per cent to the company’s business contributes to saving lives by the nature of its products and services.
Read MoreAdani, Piramal, Others Revise Offers For DHFL
Adani Properties has also raised its bid for the wholesale and Slum Rehabilitation Authority (SRA) assets to Rs 3,000 crore from Rs 2,200 crore earlier. It has also offered Rs 50 crore for the slum redevelopment book,
Read MorePiramal Enterprises Results: Q1 Net Profit Up 11% At Rs 496 Cr
The company had posted a net profit of Rs 448.17 crore in the corresponding period of previous fiscal, Piramal Enterprises said in a filing to the BSE.
Read MoreCarlyle To Pick Up 20 % Stake In Piramal Pharma Business For $490 Million
The transaction values Piramal Pharma at an enterprise value of 2.7 billion dollars with an upside component of up to 360 million dollars depending on the company's FY21 performance.
Read MorePiramal Enterprises Gets CCI Nod For CPDQ's Subscription To Company Debentures
''Equity shareholding of CDPQ in Piramal Enterprises will increase from 3.68 per cent to 8.99 per cent,'' the CCI said.
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