Piramal Enterprises has received an approval to incorporate wholly owned subsidiaries for commencing the businesses of Merchant Banking for underwriting securities and placing the same with the potential investors and another business of Investment Manager & Sponsor of proposed Alternate Investment Fund(s) including schemes launched by the Fund(s) in the infrastructure sector, from time to time. The Board of Directors of the company at their meeting held on April 02, 2018, approved the same.
Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.
