Piramal Enterprises Merger With Piramal Finance Ltd.

is in the news today due to its upcoming merger with Piramal Finance Ltd (PFL). The company has set September 23, 2025, as the record date for this merger. After this date, PEL shares will be delisted, and shareholders will receive an equal (1:1) allotment of PFL shares. All debt securities of PEL will also be transferred to PFL, and Piramal Finance will apply for listing its shares on stock exchanges once regulatory approvals are secured