
Piramal Finance Approves Q1 FY27 Unaudited Financial Statements
Piramal Finance Ltd announced that its Board of Directors has approved the Unaudited Condensed Standalone and Consolidated Interim Financial Statements for the quarter ended June 30, 2026. The approval was granted at a board meeting held on August 24, 2026. These statements include comparative information and are prepared in accordance with Indian Accounting Standard 34 'Interim Financial Reporting'. The company intends to use these statements for capital raising activities, such as qualified institutions placement, rights issue, preferential allotment, or private placement, following a special resolution passed by shareholders on August 17, 2026. The financial statements have undergone a limited review by independent auditors, Singhi & Co. and Lodha & Co. LLP, who confirmed that nothing came to their attention to suggest non-compliance with accounting standards.
Key Highlights
- Board approved Q1 FY27 unaudited standalone and consolidated financial statements.
- Financial statements prepared as per Ind AS 34 for capital raising purposes.
- Limited review conducted by auditors Singhi & Co. and Lodha & Co. LLP.
- Statements will be used for potential qualified institutions placement or rights issue.
Price Impact
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