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Piramal Enterprises gets nod from shareholders to demerge pharmaceuticals business

07 Jul 2022 Evaluate

Piramal Enterprises has received approval from the shareholders to demerge its pharmaceuticals business and simplify the corporate structure. The said demerger will divide the company into two focused entities - financial services and pharmaceuticals.

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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