Piramal Finance Ltd

Piramal Finance Ltd. has issued a letter to its members and debenture holders, providing a web-link and QR code to access the Integrated Annual Report for FY2025-26. The company also announced its 42nd Annual General Meeting (AGM) will be held on July 2, 2026, via Video Conferencing. The cut-off date for electronic voting eligibility is June 25, 2026. The filing also details the process for shareholders who held Piramal Enterprises Limited (PEL) shares in physical form prior to the merger, requiring them to submit ISR forms to claim their PFL shares from the Escrow Demat Account.

Piramal Finance Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. The report includes an independent assurance statement from LKM & Co. Chartered Accountants. Notably, the company underwent a composite scheme of arrangement where Piramal Enterprises Limited (PEL) merged with and into Piramal Finance Limited (PFL), effective September 16, 2025. Consequently, the BRSR data for FY 2025-26 pertains to PFL and its subsidiaries, while FY 2024-25 data reflects the erstwhile PEL. PFL's primary business activity is investing and financing, contributing 98.88% to its turnover.

Piramal Finance Ltd has issued a notice for its 42nd Annual General Meeting (AGM) to be held on Thursday, July 2, 2026, at 10:30 a.m. IST. The meeting will be conducted via Video Conferencing/Other Audio Visual Means. The company also shared its Integrated Annual Report for FY2025-26, highlighting significant achievements such as crossing ₹1 lakh crore in Assets Under Management and expanding its presence to 568 cities. The report emphasizes Piramal Finance's strategy as an AI-Native NBFC, leveraging over 50 GenAI use cases to enhance underwriting, productivity, customer experience, and growth in semi-urban India.

Piramal Finance has released its Integrated Annual Report for FY2025-26, highlighting a significant milestone of crossing ₹1 lakh crore in Assets Under Management (AUM). The report details the company's expansion to 568 cities and its focus on an AI-Native NBFC model serving semi-urban India. Key initiatives include leveraging over 50 GenAI use cases, analyzing 1.99 lakh bank statements through AI, and flagging fraud alerts with AI agents. The company aims to build a more inclusive, efficient, and future-ready financial institution by embedding intelligence across its operations, from underwriting to customer experience.

Piramal Finance Ltd has set Friday, June 12, 2026, as the record date for determining members eligible to receive a final dividend of ₹11 per equity share (face value of ₹2 each, fully paid-up, i.e. @550%) for the financial year ended March 31, 2026. The dividend, if approved at the Annual General Meeting (AGM) scheduled for July 2, 2026, will be paid/dispatched after the AGM, subject to tax deduction at source.

Piramal Finance Ltd will hold its 42nd Annual General Meeting on July 2, 2026, via video conferencing. The company has set June 12, 2026, as the record date to determine members eligible for a final dividend of ₹11 per equity share (face value of ₹2 each, fully paid-up, i.e. @550%) for the financial year ended March 31, 2026. The dividend, if approved, will be paid/dispatched after the AGM, subject to tax deduction at source. TDS information is available on the company website.

Piramal Finance Ltd received an order from the NCLAT, Delhi, allowing dispensation from convening an equity shareholders meeting for the proposed scheme of amalgamation. The appeal was against an earlier NCLT order that directed convening the meeting. The NCLAT directed that conditions regarding notices to secured and unsecured creditors also apply to equity shareholders. The order copy is available on the NCLAT website.

Piramal Finance Ltd. announced that the Hon'ble NCLT, Mumbai Bench, has approved the scheme of amalgamation involving Piramal Finance Limited, Piramal Corporate Tower Private Limited, Piramal Agastya Offices Private Limited, DHFL Investments Limited, and their respective shareholders and creditors. The NCLT order, dated April 30, 2026, was uploaded on the NCLT website on May 11, 2026. The company has also uploaded the order on its website.

Piramal Finance Ltd. announced a change in its registered office address, effective April 30, 2026. The Board of Directors had approved this change at its meeting held on April 27, 2026. The new address remains at 601, 6th Floor, Amiti Building, Kurla (West), Mumbai, but specifies "Piramal Corporate Park" instead of "Agastya Corporate Park." This is an administrative update in compliance with SEBI Listing Regulations.

Piramal Finance Ltd reported a consolidated PAT of ₹1,506 Cr for FY26, a 210% YoY increase, and Q4 FY26 PAT of ₹502 Cr, up 390% YoY. Total AUM crossed ₹1 lakh crore, growing 25% YoY to ₹1,01,230 Cr. The company saw improvements in net income margin and a stable asset quality with GNPA at 2.3% and NNPA at 1.6%. Credit ratings were upgraded by Crisil, ICRA, Care, and S&P Global. The company also received deferred consideration from the sale of Piramal Imaging and completed the sale of Shriram Life Insurance stake.