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In a regulatory filing, the company said the sale is part of its strategy to monetise non-core assets, adding the proceeds will strengthen its balance sheet. The transaction is subject to Shriram Ownership Trust obtaining regulatory approvals and expected to be completed by March 31 ....
Piramal Enterprises has entered into share purchase agreement to sell its entire direct investment of 20 per cent of the fully paid-up equity share capital held in Shriram Investment Holdings Private Limited (formerly known as Shriram Investment Holdings Limited) (SIHPL) to Shriram Ownership Trust (SOT), for a consideration of Rs 1,440 crore. ....
Piramal Enterprises reports loss of Rs 2,378 crore in Q3 due to RBI's norms - Industry News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
In a regulatory filing, the company said the sale is part of its strategy to monetise non-core assets, adding the proceeds will strengthen its balance sheet. The transaction is subject to Shriram Ownership Trust obtaining regulatory approvals and expected to be completed by March 31 ....