Piramal Finance Ltd Receives Rs. 600 crore from Shriram Life Insurance Stake Sale

Piramal Finance Ltd has announced the completion of the sale of its entire equity stake in Shriram Life Insurance Company Limited to Sanlam Emerging Markets (Mauritius) Limited. The transaction, which was announced on 19th December 2025, was completed on 30th March 2026, following the receipt of requisite regulatory approvals. The consideration for the sale was Rs. 600 crores, which Piramal Finance Ltd has confirmed receiving in full.