Members of the Exchange are hereby informed that the trading in equity shares of Piramal Enterprises Limited shall be suspended w.e.f. September 23, 2025 (i.e., closing hours of trading on September 22, 2025) on account of the Scheme of Amalgamation.
Awaiting price reaction for this filing.
Piramal Enterprises Limited's equity shares will be suspended from trading on the NSE starting September 23, 2025 (end of trading hours on September 22, 2025). The suspension is on account of the company's Scheme of Amalgamation, which is a routine procedural step before the merger becomes effective. Once suspended, shareholders will not be able to buy or sell shares of the company on the exchange. Shareholders will likely receive shares of the resulting/transferee entity as per the swap ratio approved in the scheme.
Existing shareholders will not be able to trade PEL shares after September 22, 2025, and should expect to receive shares of the merged/amalgamated entity in their demat accounts as per the approved swap ratio. Investors holding the stock for short-term trading will be locked in until the new entity's listing is finalized.