Piramal Finance Fund Raise of ₹3,850 Cr
Piramal Finance raised ₹3,850 crore via a completed ₹2,100 crore QIP and a proposed ₹1,750 crore preferential warrant allotment to the promoter group.
- Value
- ₹3,850 Cr
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Piramal Finance raised ₹3,850 crore via a completed ₹2,100 crore QIP and a proposed ₹1,750 crore preferential warrant allotment to the promoter group.
Piramal Finance successfully closed its QIP, allocating 99.52 lakh equity shares to QIBs. The company raised approximately ₹2,099.999866 Crore through this issuance.
Piramal Finance Ltd approved the opening of a Qualified Institutions Placement (QIP) with a floor price of ₹2,102.65 per share.
Piramal Finance approved a ₹4,000 crore fund raise via equity or debt securities. The board also approved unaudited financial results for Q1 FY2026.