Piramal Finance Ltd: Resignation of Mr. Gautam Doshi as Non-Executive Independent Director, Scheme of Amalgamation Approved

Piramal Finance Ltd announced the resignation of Mr. Gautam Doshi as Non-Executive Independent Director due to personal reasons. The company also approved a scheme of amalgamation between the company, Piramal Corporate Tower Private Limited, Piramal Agastya Offices Private Limited, and DHFL Investments Limited. The amalgamation is subject to necessary approvals from regulatory authorities. The board also approved the issuance of Redeemable, Non-Convertible Debentures on private placement basis.