This represents 5.87 percent of the total paid-up equity share capital. The company s promoters will not to participate in the buyback, Piramal Enterprises said.
In a regulatory filing, Piramal Enterprise said it has sold its entire direct investment of 8.34 per cent (3,12,21,449 shares) in the fully paid-up share capital of Shriram Finance to third party investors, on the floor of the stock exchange.
Non banking finance company (NBFC) Piramal Enterprises Ltd on Wednesday said it has sold its 8.34 per cent stakes in Shriram Finance Ltd.In a regulatory filing, Piramal Enterprise said it has sold its entire direct investment of 8.34 per cent .
Piramal Enterprises exits Shriram Finance selling 8 34% stake morungexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morungexpress.com Daily Mail and Mail on Sunday newspapers.