Piramal Enterprises invests ₹600 crore in subsidiary Piramal Finance – CNBC TV18
Piramal Enterprises Ltd (PEL) has infused ₹600 crore into Piramal Finance Ltd (PFL), its wholly owned subsidiary, through a rights issue, according to a regulatory filing on March 26, 2025. The investment aims to support PFL’s business operations and general corporate purposes.
The company clarified that there will be no change in its shareholding percentage in PFL following this transaction.
Since the rights issue is between a holding company and its wholly owned subsidiary, it is exempt from related-party transaction regulations under SEBI norms.
PFL, formerly known as Piramal Capital & Housing Finance Ltd, reported revenues of ₹6,038.61 crore in FY22, ₹6,591.78 crore in FY23, and ₹6,663.56 crore in FY24, highlighting its steady financial performance.
The announcement comes as PEL shares closed at ₹978.65 on NSE, down 1.24% ahead of the disclosure. Investors will closely watch how this capital infusion impacts PFL’s financials and future growth trajectory.
