Piramal Enterprises Limited — Others, 04-07-2025: Shareholders meeting

Piramal Enterprises Limited has announced a board meeting to approve a composite scheme of arrangement involving itself and Piramal Finance Limited. The scheme, which includes a share exchange arrangement, was approved by the equity shareholders through remote and on-the-spot e-voting conducted during the meeting held via video conference. The meeting was presided over by an independent chairperson appointed by the National Company Law Tribunal. Voting results will be publicly disclosed. This scheme is significant as it aims to streamline operations and enhance value for shareholders.