Piramal Finance Ltd. Approves Scheme of Amalgamation and Issuance of Redeemable, Non-Convertible Debentures

Piramal Finance Limited, formerly known as Piramal Capital & Housing Finance Limited, announced the outcomes of its Board Meeting held on 27th March, 2026. The Board approved a scheme of amalgamation among the company, Piramal Corporate Tower Private Limited, Piramal Agastya Offices Private Limited, and DHFL Investments Limited, subject to necessary approvals. The Board also approved the issuance of Redeemable, Non-Convertible Debentures on a private placement basis. Additionally, Mr. Gautam Bhailal Doshi resigned as a Non-Executive Independent Director due to personal reasons.