PELNSEPiramal Enterprises Limited· PharmaceuticalsHighNeutral
Announced Thu, 11 Sept · 15:54 IST

Piramal Enterprises Limited has informed the Exchange that Record date for the purpose of Merger is 23-Sep-2025.

Nclt Scheme FiledStrategic Transactions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Piramal Enterprises has fixed 23 September 2025 as the record date for its merger. The record date determines which shareholders on the books of the company on that date will be eligible to receive consideration (shares or other entitlements) under the merger scheme. This is a standard procedural step that typically follows approval of the merger scheme by the NCLT and other regulators. Investors holding shares of Piramal Enterprises as of the record date will participate in the merger entitlement.

Likely market impact

Shareholders must hold Piramal Enterprises shares until 23-Sep-2025 to be eligible for merger consideration. The stock may see some trading activity and price adjustment as the record date approaches.