Trading in Piramal Enterprises shares suspends from September 23 following merger with Piramal Finance

  • Posted on September 20, 2025
  • By Business News Today
  • 1 Views
Trading in Piramal Enterprises shares suspends from September 23 following merger with Piramal Finance

The NSE will suspend trading of Piramal Enterprises Ltd (PEL) shares effective September 23, 2025, due to its amalgamation with Piramal Finance Ltd (PFL), a move sanctioned by the NCLT. This merger, driven by RBI regulations and strategic benefits, consolidates operations under a single entity, enhancing service and shareholder value. CFO Upma Goel will resign by September 30.
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