Piramal Finance Approves Qualified Institutional Placement at ₹2102.65

Piramal Finance Ltd's Committee of Directors has approved a Qualified Institutional Placement (QIP) of equity shares. The meeting held on August 24, 2026, authorized the opening of the issue on the same day. The floor price for the QIP has been set at ₹2102.65 per equity share, determined according to SEBI ICDR Regulations. A preliminary placement document has been filed with BSE and NSE. The company may offer a discount of up to 5% on the floor price at its discretion. The trading window for designated persons remains closed.