Secondary Issues
NBFC Piramal Finance to raise Rs.1750-Cr via pre shares from promoters
Mumbai-based Piramal Finance has approved the preferential allotment of 82.94 lakh warrants to Nithyam Realty, a promoter group entity. The transaction is valued at approximately INR 1,750 Cr. The company has already received INR 437.50 Cr on the date of allotment.
For FY26, Piramal Finance had reported about INR 13,157 Cr in Operating Income and about INR 1,540 Cr in PAT.
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