21 Sep 2025 | 5 Mins Read
Piramal Enterprises sets record date for merger
Flipitmoney
Piramal Enterprises (PEL) sets September 23 as the record date for its merger with Piramal Finance (PFL). Trading in PEL securities will cease, and eligible shareholders will get PFL shares 1:1 basis. The merger, driven by RBI regulations, aims to consolidate lending and financing operations under a single platform, improving customer service and operational efficiencies.