Piramal Finance officially began trading on the bourses today, opening at Rs 1,260 per share. The listing comes after its merger with Piramal Enterprises and represents a 12% premium over the discovered price of Rs 1,124.20 per share.
The listing marks a fresh start for Piramal Finance, which was earlier fully owned by Piramal Enterprises.
“Trading Members of the Exchange are hereby informed that effective from November 07, 2025, the Equity Shares of Piramal Finance Ltd (Scrip Code: 544597) are listed and admitted to dealings on the Exchange in the list of ”T” Group Securities,” as per the exchange filing.
Details of the merger
The National Company Law Tribunal (NCLT) had approved the merger of Piramal Enterprises with Piramal Finance on September 10. Under the merger plan, shareholders of Piramal Enterprises received shares of Piramal Finance in a 1:1 ratio.
The company also confirmed that all outstanding debt securities of Piramal Enterprises were transferred to Piramal Finance as part of the merger scheme.
Trading in Piramal Enterprises shares ended on September 23 after the merger was announced.
Leadership after merger
Following the merger, Anand Piramal took over as the chairman of Piramal Finance, effective from September 16, 2025.
