Piramal Enterprises Ltd Share Price (PEL)

Piramal Enterprises Launches Men's Grooming Range - 10 Apr, 2024

Piramal Pharma, a division of Piramal Enterprises, has entered the men's personal grooming market with its BOHEM product range. The company aims to expand the range to include face washes, serums, and shower gels, leveraging scientifically proven ingredients for tangible results.

Piramal Enterprises Receives Warning from SEBI - 04 Apr, 2024

The Securities and Exchange Board of India has issued an administrative warning to Piramal Enterprises for non-compliance with certain regulations related to insider trading. The company violated Regulation 9(A)(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Piramal Enterprises Receives Approval for Acquisition; PGP Glass Reports Profit - 03 Apr, 2024

Piramal Alternatives Trust has received approval from the CCI to acquire a 10.39% shareholding of Annapurna Finance Pvt Ltd. Meanwhile, PGP Glass reported strong financials, including revenue of Rs 3,799.28 crore and a profit of Rs 57.09 crore in FY23.

Piramal Capital and Housing Finance to Expand Consumer Finance Focus - 28 Mar, 2024

Piramal Capital and Housing Finance, a subsidiary of Piramal Enterprises Ltd, plans to broaden its consumer finance focus by adding gold loans, micro business loans, and unsecured microfinance loans to its portfolio next fiscal year.

Piramal Enterprises Invests Rs 2,000 Crore in Subsidiary - 27 Mar, 2024

Piramal Enterprises has invested Rs 2,000 crore in its wholly-owned subsidiary, Piramal Capital & Housing Finance (PCHFL), through a rights issue subscription. PCHFL will use the investment for business or general corporate purposes.

Piramal Enterprises Invests Rs 2,000 Crore in Subsidiary - 26 Mar, 2024

Piramal Enterprises has invested Rs 2,000 crore in Piramal Capital & Housing Finance Ltd (PCHFL), a wholly-owned subsidiary of the company. The investment will be used for business or general corporate purposes.

Private Companies Own 46% of Piramal Enterprises - 24 Mar, 2024

Private companies collectively own a significant stake in Piramal Enterprises, giving them greater say in management and business strategy. The top 5 shareholders hold 53%, while institutional investors own 31%. Insiders have under 1% ownership, and the general public holds a 21% stake.

Axis Bank Funds IndiaRF Fund's Acquisition of Ind Swift Laboratories - 20 Mar, 2024

Axis Bank has provided senior debt of ₹700 crore to India Resurgence Funds (IndiaRF Fund) for the acquisition of Ind Swift Laboratories API business. The buyout fund promoted by Bain Capital and Piramal Enterprises used equity and mezzanine debt from its own funds to finance the remaining amount of ₹1,650 crore. This transaction shows banks' comfort in lending to previously distressed entities.

Shriram Ownership Trust Acquires Stake in Piramal Enterprises - 19 Mar, 2024

The Competition Commission of India has approved the acquisition of a 20% stake in Piramal Enterprises by Shriram Ownership Trust. The deal is part of SOT's acquisition of certain shareholding of Shriram Investment Holdings Pvt Ltd.

Piramal Realty and ISKCON Inaugurate Temple at Piramal Vaikunth - 17 Mar, 2024

Piramal Realty and ISKCON have inaugurated the Sri Sri Radha Govindadeva Mandir, the first ISKCON temple inside a gated community in Maharashtra. The collaboration reflects Piramal Group's commitment to Doing Well and Doing Good.

Piramal Enterprises Donates to Political Parties via Electoral Bonds - 15 Mar, 2024

Piramal Enterprises' subsidiary, Piramal Capital and Housing Finance, donated Rs 10 crore to political parties through electoral bonds. Additionally, the company was among 16 financial services firms that donated at least Rs 180 crore through electoral bonds between 2019 and 2023.