ALPHA TRIBE

Piramal Enterprises LimitedOthers, 05-07-2025: Shareholders meeting

05-07-2025 | 01:27 pm

Piramal Enterprises has announced a secured creditors meeting held to approve a composite scheme of arrangement involving Piramal Finance Limited and their shareholders and creditors. The scheme received the requisite majority approval from secured creditors after voting through remote e-voting and e-voting during the meeting. The approval advances the company’s restructuring plan aimed at optimizing business and financial structure, potentially enhancing shareholder value. Voting results will be shared with stock exchanges and published on the company’s website.

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