Piramal Finance Limited has informed the Exchange about filing of Company Scheme Application with the Honorable NCLT, Mumbai Bench on 18th April, 2026.
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Piramal Finance Limited has filed a Company Scheme Application with the NCLT Mumbai Bench on April 18, 2026. The application relates to a scheme of amalgamation involving Piramal Finance Limited (the Transferee Company) and three Transferor Companies: Piramal Corporate Tower Private Limited, Piramal Agastya Offices Private Limited, and DHFL Investments Limited. This filing is under SEBI (LODR) Regulations 30 and 51. The company had previously informed the exchange about this scheme on March 27, 2026. The scheme is being pursued under Sections 230 to 232 of the Companies Act, 2013.
This NCLT filing is a procedural step in the amalgamation process and does not immediately affect shareholders. The completion of this scheme will consolidate these entities under Piramal Finance Limited, potentially streamlining operations and shareholding structure.