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-573.38
-169.60
+ 451.00
+ 1,908.00
+ 618.00
-573.38
-169.60
-169.60
+ 451.00
+ 451.00
+ 1,908.00
Businessman taking pile of money, Indian Rupee banknotes, on his desk in a dark office - corruption concept | Photo Credit: Kritchanut
Piramal Enterprises has invested ₹1,000 crore in its wholly owned subsidiary Piramal Capital via rights issues, according to an exchange notice.
“We wish to inform you that the Company has invested ₹1,000 crore in Piramal Capital & Housing Finance Limited (PCHFL), a wholly owned subsidiary of the company by way of subscription to rights issue (transaction),” the notice said.
PCHFL will utilise the investment towards business/ general corporate purposes. There is no change in the shareholding percentage of the company in PCHFL following the investment.
Published on December 31, 2024
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