ALPHA TRIBE

Piramal Enterprises LimitedOthers, 03-06-2025: Copy of Newspaper Publication

03-06-2025 | 05:57 pm

Piramal Enterprises has announced a board meeting to consider the financial results for the quarter and half-year. Piramal Finance is engaged in an NCLT meeting on a composite arrangement impacting shareholders and creditors. A bank has classified loans totaling about Rs. 9.68 lakh and Rs. 19.83 lakh, linked to Gandhi family members, as non-performing assets backed by specified properties, with legal notices demanding repayment or triggering asset recovery. Auction notices have been issued for secured assets linked to non-performing loans held by Encore Asset Reconstruction. Shareholders with unclaimed dividends from FY 2017-18 onward should claim them to avoid transfer to the Investor Education and Protection Fund.

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