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Piramal Enterprises planning for amalgamation of wholly-owned subsidiaries

10 Oct 2017 Evaluate

Piramal Enterprises is planning for amalgamation of wholly-owned subsidiaries Piramal Finance (PFL) and Piramal Capital with Piramal Housing Finance, wholly-owned subsidiary of PFL.

The company is also planning to raise funds. The meeting of the Board of Directors of the Company will be held on October 12, 2017 to consider the same.

Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.

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