Piramal Enterprises Limited — Others, 05-07-2025: Shareholders meeting

Piramal Enterprises has announced a board meeting to consider and approve a composite scheme of arrangement involving itself, Piramal Finance Limited, and their shareholders and creditors. The scheme was approved by the secured creditors with the required majority through a meeting held via video conferencing. This approval is a crucial step in restructuring that may impact the company’s financial and operational integration with Piramal Finance, potentially enhancing value for shareholders by streamlining group operations and financial obligations.