Wed, May 08, 2024
PEL also announced its merger into subsidiary company Piramal Capital and Housing Finance (PCHFL) to meet the RBI requirement around mandatory listing for top-tier financiers like it. The company said it aims to execute the transaction in up to a year by getting all approvals.
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Thu, Aug 31, 2023
Piramal Enterprises aims to buyback 1.45 crore shares at a price of Rs 1,250 per piece through a tender offer. The total share buyback amounts to Rs 1,750 crore. Piramal Enterprises offers a premium of nearly 18 per cent for its share buyback. On the other hand, Indianmart offers a premium of nearly 31 per cent for its share buyback at Rs 500 per piece.
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