Piramal Enterprises Limited (PEL) is set to merge with Piramal Finance Limited (PFL), which will be effective from September 23, 2025. As the board of directors has finalised the record date as Sep 23. The shares of Piramal Enterprises Limited will stop trading from the record date.
Piramal Enterprises Limited said in an exchange filing, "The Scheme of Merger has become effective today, i.e., 16 September 2025 (“Effective Date”) and consequently, the Company is merged with PFL and dissolved without being wound up, in accordance with the Scheme of Merger.”
The shareholders of Piramal Enterprises Limited as of the record date will be allotted equity shares of PFL in the ratio of 1:1 as envisaged in the scheme of merger and other debt securities of PEL will be transferred to PFL”
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Ajay Piramal, Chairman, Piramal Enterprises Ltd., said, “FY26 has commenced on a strong note with profitable growth and disciplined execution. Our diversified lending model continues to scale efficiently – driven by robust asset quality, improved operating leverage, and deeper integration of technology and AI across platforms. The impending merger of our lending entities will further streamline operations, unlock synergies, and sharpen our strategic focus.
We also have meaningful embedded value in our balance sheet, through Shriram investments, AIF recoveries and deferred transaction proceeds – and remain focused on timely, value-accretive monetisation of these assets. With a strong foundation, clear strategic priorities, and continued operational momentum, we are well positioned to drive sustainable growth and long-term value creation as a future-ready financial services institution.”
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Published on: Sep 23, 2025, 7:44 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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