Press Releases

Piramal Enterprises Limited Announces Consolidated Results For Q2 FY2025

Piramal Payment Services Receives Approval from RBI to Launch ‘Piramal Pay’

Piramal Finance Launches Second Phase of Campaign to Support Bharat’s Underserved Customers

Piramal Finance Raises $150 Million from International Markets

Piramal Finance partners with Digital India’s Common Service Centers to Enhance Credit Access for Bharat’s Budget Customers

Piramal Finance and Central Bank of India Announce Co-Lending Partnership

Piramal Enterprises Limited Announces Consolidated Results For Q1 FY2025

Piramal Finance Debuts In International Bond Markets With $300 Mn Sustainability Bond

Piramal Finance Secures $100 Million Loan to Support Social Impact Projects

Piramal Alternatives invests INR 110 Cr. in Biodeal Pharmaceuticals

PMI Electro Mobility secures INR 250 Cr Investment from Piramal Alternatives for India’s Green Mobility Initiative

IndiaRF Announces INR 525 Crores Investment in Ivy Health and Life Sciences

IndiaRF to acquire API and CRAMS business of Ind-Swift for INR 1650 Cr

Piramal Enterprises Limited announces consolidated results for Q1 FY2024

Piramal Enterprises Limited announces consolidated results for Q4 and Annual FY2023

Piramal Enterprises Limited announces consolidated results for Q3 and 9M FY2023

Piramal Finance Launches Unique Campaign Addressing the Credit Needs of the Underserved Customers of Bharat

Piramal Finance launches ‘Innovation Lab’ in Bengaluru, to accelerate digital lending transformation for Bharat

Navi and Piramal Finance enter into co-lending partnership to offer ‘Digital Personal Loan’ November 15, 2022

Piramal Enterprises Limited Announces Consolidated Results for Q2 FY2023

NCLT approves Piramal Enterprises demerger

Piramal Enterprises Limited Announces Consolidated Results for Q1 FY2023

Organisational Announcement – Appointment of Yesh Nadkarni, Chief Executive Officer, Wholesale Lending

Piramal Capital & Housing Finance partners with India Mortgage Guarantee Corporation to offer ‘Gruh Setu Home Loan’

Piramal Enterprises Limited Announces Consolidated Results for Q3 and 9M FY2022

Organisational Announcement – Appointment of Rupen Jhaveri, Group President

Organisational Announcement – Resignation of Rajesh Laddha, ED & Group CFO

Piramal Capital & Housing Finance and API Holdings Partner to Offer Financing Solutions for India’s Rapidly Evolving Healthcare Ecosystem

Piramal Enterprises Limited Announces Consolidated Results for Q2 FY2022

Piramal Enterprises Announces Demerger and Simplification of Corporate Structure; To Create Two Separate Listed Entities in Financial Services and Pharmaceuticals

Piramal pays consideration for acquisition and merger of Dewan Housing Finance (DHFL)

IndiaRF Announces INR 555 crores (USD 75million) Investment in Thrissur Expressway Ltd.

IndiaRF Announces INR 615 crore (USD 83 million) Investment in Setco Group

Piramal Enterprises Limited Announces Consolidated Results for Q1 FY2022

Piramal Capital & Housing Finance Limited Secured NCD Public Tranche I – Issue Opens on July 12, Coupon Rate Upto 9.00% p.a

Piramal Enterprises Limited Announces Consolidated Results for Q4 & FY2021

Piramal Retail Finance Expands Its Offerings; Enters Into Consumer And Used-Car Financing Segment

Piramal Enterprises Appoints Khushru Jijina to its Board as Executive Director, Financial Services

Piramal Capital & Housing Finance Ltd. raises INR 4,050 Crores via issuance of Non-Convertible Debentures (NCDs)

Piramal Appoints Saurabh Mittal as Chief Technology Officer (CTO) of its Retail Finance Business

Piramal Group Announces the Appointment of Kalpesh Kikani as CEO, Piramal Alternatives

Piramal Enterprises Limited Announces Consolidated Results for Q3 & 9M FY2021

Piramal Enterprises Appoints Anjali Bansal as Independent Director to its Board

Piramal Enterprises Limited Announces Consolidated Results for Q2 & H1 FY2021

Kunal Bahl and Suhail Nathani Appointed Independent Directors of Piramal Enterprises

Piramal Enterprises Limited Announces Consolidated Results for Q1 FY2021 ended June 30, 2020

Piramal Enterprises Limited Announces Consolidated Results for Q4 & FY2020 ended March 31, 2020

Piramal Enterprises’ FY2019 Annual Report Ranked 1st in India and 8th Globally by League of American Communications Professionals

CDPQ and Piramal Partner to Deploy US$300 M for Private Credit Financing in India

Piramal Enterprises Limited Announces Consolidated Results for Q3 & 9M FY2020 ended December 31, 2019

Piramal Enterprises Limited Rights Issue Over-Subscribed ~1.14 Times

Piramal Divests its DRG Business for US$950 Million

Piramal Enterprises Announces the Appointment of Jairam Sridharan to Lead its Foray into Consumer Finance

Piramal Enterprises Raises INR 1,750 Crores from Caisse de dépôt et Placement du Québec (CDPQ) via Preferential Allotment

India Resurgence Fund Receives Investment Commitment From Canada Pension Plan Investment Board (CPPIB)

Piramal Group Partners With IIFL Wealth on an AIF to Provide Last-Mile Funding for Select Real Estate Projects

Piramal Enterprises Raises Capital of ~INR 5,400 Crores (~US$ 770mn)

Piramal Enterprises Limited Announces Consolidated Results for the Second Quarter & Half Year ended September 30, 2019

Piramal Capital & Housing Finance Launches its Housing Finance Business in Jaipur, Rajasthan

Piramal Enterprises Limited Announces Consolidated Results for the Quarter ended June 30, 2019

CRISIL Reaffirms Highest Rating to Piramal Capital and Housing Finance for Commercial Paper Programme worth Rs.10,500 Crores

Piramal Capital & Housing Finance Announces the Launch of its Housing Finance Business in Indore, Madhya Pradesh

Piramal Capital & Housing Finance Expands its Housing Finance Presence in Gujarat

Piramal Enterprises Limited Signs MoU with Canada Pension Plan Investment Board

Piramal Enterprises Limited Announces Consolidated Results for the Full Year & Fourth Quarter ended 31 Mar 2019

IndiaRF Announces US$144 Million Investment in Panacea Biotec Ltd.

Piramal Enterprises Limited’s FY2018 Annual Report Ranked 1st in India and 6th Globally, by League of American Communications Professionals

Piramal Capital and Housing Finance Launches its Home Loan Product – ‘Bridge’

Piramal & Ivanhoé Cambridge Residential Equity Fund Announces INR 500 Crores Equity Investment in Lodha Palava City

Piramal Enterprises Limited Announces Consolidated Results for the Q3 of FY2019 & Nine Months ended December 31, 2018

Piramal Capital and Housing Finance launches its home loan product ‘AdvantAGE’

IndiaRF Announces US$156 Million Investment in Archean Group’s Marine Chemicals Business

Piramal Capital & Housing Finance Limited Announces the Launch of its Housing Finance Business in Ahmedabad

Piramal Enterprises Limited Announces Consolidated Results for the Second Quarter & Half Year ended September 30, 2018

Piramal Enterprises categorically Refutes Baseless Rumours on Real Estate Lending Portfolio

Piramal Capital & Housing Finance Launches New Brand Campaign: ‘Bada Socho’

Piramal Capital and Housing Finance Receives Global Recognition by Euromoney Real Estate Survey 2018

Piramal Capital & Housing Finance Announces its Foray into a Select Non-Metro with the Launch of its Housing Finance Business in Nashik

ICRA upgrades long term credit rating of Piramal Capital & Housing Finance Limited to AA+ (Stable)

Piramal Enterprises Limited Announces Consolidated Results for the First Quarter ended June 30, 2018

Piramal Capital & Housing Finance Commits ~INR 650 crore to SAMHI Group; Targets Hospitality Book Size of INR 10,000 crore in Next 3 Years

Piramal Enterprises Annual Report FY2017 Receives Global Recognition; 2nd Best from India & Featured Among Top 50 in Asia-Pacific Region at the League of American Communications Professional Awards

Piramal Capital & Housing Finance Limited Receives a Rating of ‘CARE AA+; Stable’ From CARE Ratings

Piramal Capital & Housing Finance Strengthens its Presence in Chennai with ~INR 200 Crore Sanction to Appaswamy Group, Chennai

Piramal Enterprises Limited announces Consolidated Results for the Full Year & Fourth Quarter ended 31 Mar 2018

Piramal Finance & Piramal Housing Finance conferred with Two Prestigious Awards at CREDAI MCHI Golden Pillar Awards 2018

Piramal Housing Finance Announces its Launch in Pune

Piramal Finance Launches its Housing Finance Offering in Bangalore; Has Crossed INR 20,000 crores of wholesale loans in South Market

Piramal Finance Launches its Housing Finance Offering in the Delhi-NCR Market

Piramal Finance targets affordable and mid-income housing sector

Piramal Finance Limited Forays into the Hospitality Sector

ICRA upgrades Piramal Finance Rating from AA Stable to AA Positive

Piramal Enterprises Limited Announces QIP to Raise Rs. 4996.2 crores

Press Release-Piramal Finance Limited’s commits INR 550crore to Rustomje…

Piramal Finance Limited Introduces a Unique ‘Flexi Line of Credit’ for the Renewable Energy Sector

Piramal Finance Limited Expands Its Investment Focus to Include Auto Component Space; Commits INR 565 Crore Across Two Transactions

Khushru Jijina recognized as ‘AsiaOne Global Indian of the Year 2016-2017’

Piramal Finance Limited’s commits INR 550crore to Rustomjee Urbania in Thane

Piramal Finance Limited Accelerates its Presence in the Auto Sector; Sanctions INR400 Crores to Hema Engineering

Piramal Finance Limited’s commits ~INR400crore in emerging & mid-market space across eight deals via its Emerging Corporate Lending vertical

Piramal Enterprises Wins Gold at LACP Vision Awards

Piramal Finance Limited Sanctions INR 280 crores to Puranik Builders

Piramal Finance Announces the Launch of Piramal Housing Finance

Piramal Finance Limited Receives ‘Best Overall Investment Manager for Real Estate in India’ by Euromoney Real Estate Awards 2017

Piramal Enterprises Appoints Anand Piramal as Non-Executive Director on its Board

Piramal Finance Limited Recognised Amongst Top 10 India’s Great Mid-size Workplaces by Great Place to Work Institute

Piramal Finance Limited introduces a unique ‘Flexi Line of Credit’ for the renewable energy sector – sanctions an additional INR700cr to ACME Solar Holdings Limited

Piramal Finance Limited commits INR 1100cr to Embassy Group across multiple transactions

Rajesh Laddha, Chief Financial Officer – Piramal Enterprises Limited to move to Shriram Capital Limited as Managing Director & Chief Executive Officer

Piramal Enterprises Limited Announces Consolidated Results for Q4 FY2017 and FY2017

Piramal Finance Limited Expands Its Investment Focus To Include Auto Component Space; Commits INR 565 Crore Across Two Transactions

Piramal Enterprises Limited – Outcome of Board Meeting

Piramal Fund Management Sanctions Investments of around INR 2000 Crore within three months of launching of Flexi Lease Rental Discounting (LRD)

Piramal Enterprises Limited and Ivanhoé Cambridge Announce Partnership to Invest in Residential Development in India

Piramal Enterprises Limited announces its plan to Enter Housing Finance

Piramal Fund Management increases footprint in South India; crosses INR 10,000crore in consolidated investments

Piramal Fund Management launches an Innovative Flexi Lease Rental Discounting (LRD) for Commercial Assets; Targets INR10,000 Crores by FY’18

Piramal Fund Management receives ‘Best Overall Investment Manager -India’ award, second year in a row by Euromoney real estate awards

Neuraceq Automated Synthesizer Synthera (Neuraceq Synthera) Received Shonin Approval in Japan

Piramal Enterprises Limited Consolidated Results for the Q2 and H1 FY2017

In the largest debt transaction within the real estate funding space, Piramal Fund Management invests Rs 2,320 crore in Lodha Group’s Projects

Piramal Enterprises Limited and Bain Capital Credit to pursue distressed debt investing in India

Piramal Enterprises Consolidated Results for the First Quarter ended 30 June 2016

Piramal Enterprises Limited Consolidated Results for the Q4 FY2016 and FY2016

Piramal Enterprises Ltd and APG Asset Management to fuel Essel Infra’s Solar IPP venture; commits USD 132 million investment

Piramal Fund Management launches novel ‘Piramal Preferred Partner’ program; intends to pre-sanction funding limits for chosen Tier 1 developers to pursue acquisitions; targets funding commitments of I

Piramal Enterprises announces sale of its Canada-based cartilage repair product, BST-CarGel® to Smith & Nephew

Piramal Enterprises Limited Consolidated Results for the Q2 FY2016 and H1 FY2016

Piramal Fund Management to exit from Omkar 1973 (Worli); clocks absolute returns of ~146% from Indiareit Domestic Scheme IV

Piramal Fund Management commits INR 575cr to Ozone Urbana; makes largest residential investment in Bangalore

Piramal Enterprises Consolidated Results for the Fourth Quarter and Full Year ended 31 March 2015

Piramal Fund Management enters Ahmedabad with INR225cr transaction with Ganesh Housing

Piramal Enterprises Limited agrees to acquire majority equity stake in Health SuperHiway Private Limited

Piramal Enterprises announces sale of its Hyderabad based Clinical Research Division to Indoco Remedies

Piramal Fund Management sanctions INR 1,200Cr to Omkar Realtors for Omkar 1973 Worli

Piramal Fund Management expands offering to include construction finance; Approves transactions worth INR1100cr in the first instance

Piramal Enterprises Consolidated Results for the Third Quarter and Nine Months ended 31 December 2014

Piramal Fund Management’s ‘Indiareit Apartment Fund’ oversubscribed within three months of launch; secures an aggregate INR500cr of commitments; commits INR125cr across three transactions

Piramal Enterprises announces Q2 & H1FY2015 results

Piramal Enterprises announces Q1FY2015 results

APG and Piramal Enterprises Limited Announce Strategic Investment Alliance

Piramal Fund Management launches ‘Indiareit Apartment Fund’ ‘ a novel first-to-market fund strategy centered around institutional buying of residential units; collects INR100cr commitments in 10 day

Memorandum of Understanding between SBI Capital Markets Limited (SBICAP) and Piramal Enterprises Limited (PEL)

Piramal Enterprises Limited ( “PIRAMAL “) Acquires 9.99% Equity Stake In Shriram City Union Finance Limited ( “SHRIRAM City Union “)

Piramal Capital combines its private equity business (Indiareit) and lending arm (Piramal Finance) to form an integrated vertical ‘ Piramal Fund Management

Piramal Enterprises announces Q4FY2014 and full year FY2014 results; the Board of Directors recommends dividend of Rs. 52.5 per equity share with a total outlay of Rs. 1,059.93 Crores for FY2014

Piramal enterprises limited ( “piramal”) agrees to acquire 20% equity stake in shriram capital limited ( “shriram capital”)

Piramal Enterprises Limited ( “Piramal “) Agrees To Sell Equity Stake In Vodafone India Limited

Piramal Enterprises receives GLP Compliance Certificate from NGCMA for its Research & Development facility located in Mumbai, India

CPPIB and Piramal Enterprises Limited announce a US$500m Strategic Alliance for Residential Development Debt Financing in India; Appoint Indiareit as Advisor

Piramal Enterprises announces Q3FY2014 results

Indiareit announces final close of Domestic Scheme V at INR1000 crores; returns INR100 crores+ oversubscription; Commits 25% of corpus across three transactions

Decision Resources Group acquires Relay Technology Management

Indiareit receives an overwhelming response; raises INR 800cr for Domestic Fund V

Piramal Enterprises announces Q2FY2014 Results

Indiareit announces interim close of Domestic Scheme V at INR 300 crore; Also reaches final close of Mumbai Redevelopment fund with targeted corpus of INR 500 crore

Piramal Enterprises Limited receives IND approval for P7435, its novel DGAT1 inhibitor for treatment of Lipid Disorders and Diabetes

Piramal Enterprises announces Q1FY2014 Results

The centers for medicare & medicaid services (cms) draft decision could limit patient access to new technology that may help in diagnosing dementia

Piramal Enterprises Diagnostic Division launches 3 New Instant Diagnostic Devices in QDx range

Piramal Enterprises Limited receives IND approval from the US FDA for its GPR40 agonist P11187; an anti-diabetic molecule

Piramal Enterprises announces Q4 FY2013 result

Piramal Enterprises Limited acquires ~10% equity stake in Shriram Transport Finance Company Limited

Indiareit announces investments totaling INR 200 crore across two domestic funds

Piramal Enterprises Limited (PEL) and Tata Memorial Centre (TMC) forge alliance to advance understanding of cancer biology and develop tools for personalized medicine

Piramal Enterprises announces Q3 FY2013 result

Indiareit announces exits worth INR 440 crore from three earlier funds and a third party mandate

Piramal Healthcare to acquire 5.5% stake in Vodafone

Piramal Diagnostics introduces Asia’s first high-definition

Nicholas Piramal and Pierre Fabre Laboratories sign agreement on research in oncology in the presence of French President Nicolas Sarkozy

Nicholas Piramal Announces Drug Discovery and Development Agreement with Merck & Co., Inc.

Nicholas Piramal India Limited’s IND-P276- a new drug discovery from Mumbai, India has been approved by USFDA