Piramal Finance expects its shares to be listed on exchanges by early Nov
This story was originally published at 17:02 IST on 17 October 2025
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--Piramal Finance: Expect shares to be listed by early Nov
NEW DELHI – Piramal Finance Ltd. expects to list its shares on the stock market by early November, the company's management said in a conference call on Friday.
"The process of getting the Piramal Finance stock listed is underway. We have recieved most of the approvals. One last thing is required and then the trading should begin," Jairam Sridharan, managing director and chief executive officer of the company said. "The trading approval, our expectation is should be by early part of November, if everything goes right."
Piramal Finance merged with Piramal Enterprises Ltd. on Sept. 23. Following the merger, trading in Piramal Enterprises securities ceased, and shareholders listed in the company's register were allotted equity shares of Piramal Finance on a 1:1 basis.
Piramal Finance reported a consolidated net profit of INR 3.27 billion in the September quarter, up 101% on year. The company's total assets under management grew 22% on year to INR 914.47 billion as on Sept. 30. End
Reported by Pratiksha and Sagar Sen
Edited by Vandana Hingorani
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