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Piramal Enterprises to sell stake in Shriram Investment for ₹1,440 crore

Piramal Enterprises to sell stake in Shriram Investment for ₹1,440 crore
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Shriram Investment Holdings Private Limited , Piramal Enterprises , Shriram Ownership Trust , Shriram Finance ,

Piramal Enterprises: Piramal Enterprises to sell full 20% stake in Shriram Investment Holdings for Rs 1,440 crore

“This transaction is aligned with our focus on monetizing non-core assets. The proceeds from the transaction will further strengthen our balance sheet,” Piramal Enterprises informed exchanges in a January 27 filing. The transaction, which will be conducted through a share purchase agreement, is subject to the receipt of requisite regulatory approvals by Shriram Ownership Trust, Piramal Enterprises said. ....

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Piramal Enterprises to sell entire stake in Shriram Investment for Rs 1,440 crore

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 . ....

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Piramal to sell stake in Shriram co for 1,440cr | Business

Business News: Piramal Enterprises is selling its stake in Shriram Investment Holdings to Shriram Ownership Trust for Rs. 1,440 crore. This sale aligns with Piramal's focus on monetizing non-core assets and strengthening its balance sheet. ....

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