Piramal Enterprises Limited — Important, 29-07-2025: General Updates

Piramal Enterprises' Board approved the financial results for the quarter. Consolidated Profit After Tax (PAT) reached ₹276.37 Cr, a significant jump from ₹102.44 Cr last quarter. The company also approved raising up to ₹1,000 Cr through Non-Convertible Debentures via private placement, aiming to bolster its financial position. A key strategic development is the RBI's approval of the merger scheme between Piramal Enterprises and its subsidiary, Piramal Finance Limited, now pending NCLT sanction. Consolidated Gross NPA stands at 2.83%. Additionally, the company invested ₹700 Cr in its subsidiary, PFL.