Piramal Enterprises Merger With Piramal Finance : The National Company Law Tribunal ( NCLT ) has cleared the merger of Piramal Enterprises Ltd (PEL) with Piramal Finance Ltd (PFL). PFL is a wholly-owned subsidiary Piramal Enterprises. Anand Piramal , son of group chairman Ajay Piramal , will take over as the Chairman of Piramal Finance -- the merged entity. Ajay Piramal will continue as chairman of Piramal Group. Piramal Enterprises had set September 23, 2025, as the record date for its merger with Piramal Finance. Under the merger plan, trading in PEL was ceased and shareholders listed in the company’s register will be give shares of PFL on a 1:1 basis. According to BSE website, last trading in Piramal Enterprises shares had taken place on September 22, 2025. "For the ben

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