Piramal Finance Files Petition with NCLT for Scheme Sanctioning of Amalgamation
Piramal Finance Limited, along with associated entities, has filed a Company Petition before the National Company Law Tribunal (NCLT), Mumbai Bench, seeking sanction for an amalgamation scheme. The petition was filed on July 4, 2026.The petition concerns the scheme of amalgamation involving Piramal Finance Limited, formerly known as Piramal Capital & Housing Finance Limited. The company, alongside three other entities, has initiated proceedings under Sections 230 to 232 of the Companies Act, 2013.
The amalgamation involves several Transferor Companies: Piramal Finance Limited, Piramal Corporate Tower Private Limited, Piramal Agastya Offices Private Limited, and DHFL Investments Limited. The petition was filed with the Hon'ble NCLT Mumbai Bench under Company Scheme Application No. C.A. (CAA)/84/ MB/ 2026 to secure the necessary sanction for the scheme.
PIRAMALFIN Stock Price Movement
On Friday, shares of Piramal Finance Limited shed 1.89% in market action, settling at ₹2,137.70 after dipping by ₹41.30 from the previous close. Trading volume for the company was recorded at 642,059 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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