Piramal Enterprises Limited — Others, 02-06-2025: Shareholders meeting

Piramal Enterprises has announced a board meeting to consider and approve a composite scheme of arrangement with Piramal Finance Limited involving their shareholders and secured creditors. Separate virtual meetings will be held for equity shareholders and secured creditors to vote on the scheme, with remote e-voting enabled beforehand. This restructuring aims to simplify the group’s capital and stakeholder structure, enhancing operational efficiency and potentially creating greater value for shareholders.