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24-May2018

Piramal Enterprises gets nod for scheme of amalgamation

Piramal Enterprises has received approval from National Company Tribunal (NCLT), Mumbai Bench for Scheme of Amalgamation of the company's wholly owned subsidiaries - Piramal Finance (PFL) and Piramal Capital (PCL) with Piramal Housing Finance (PHFL) which is wholly owned subsidiary of PFL and a step-down wholly owned subsidiary of the company.

Piramal Enterprises is one of India's large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.


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