Piramal Finance Limited (PIRAMALFIN) — Board Meeting | 24 August 2026(4 announcements)

Piramal Finance Limited approved its unaudited standalone and consolidated interim financial statements for Q1 2026 on August 24, 2026, following a board meeting on August 24, 2026. The statements, prepared under SEBI Listing Regulations and reviewed by independent auditors under Ind AS 34, include comparative figures for Q1 2025 and reflect the impact of a shareholder-approved scheme of amalgamation effective September 16, 2025, where shareholders of the transferor company received one new share of face value INR 2 for each share held. The filing also discloses approved capital-raising plans via qualified institutional placements, rights issues, or preferential allotments, with shareholder approval granted on August 17, 2026. Financials show total liabilities of Rs 1,064.22 crores and equity capital of Rs 31,245.39 crores as of June 30, 2026, with basic and diluted EPS of Rs 19.41 and Rs 19.30 respectively.

Piramal Finance announced a preferential issue of up to 82,94,000 warrants at ₹2,110 each, raising ₹1,750.03 crore from promoter Nithyam Realty. The board approved the issuance, an investment agreement, and an EGM on 19 September 2026 for shareholder approval. The warrants carry a premium of ₹2,108 and a floor price of ₹2,085.06 per share.

Piramal Finance announced a board-approved preferential issue of up to 8.294 million warrants to promoter Nithyam Realty Private Limited at ₹2,110 per warrant, raising ₹1,750.03 crore in cash. The warrants carry a premium of ₹2,108 and convert to equity shares with a face value of ₹2. Shareholder approval and regulatory clearances are required, with an EGM scheduled for 19 September 2026 to seek it. The investment agreement was executed to formalize the terms.

Piramal Finance Limited announced the outcome of its Committee of Directors meeting on 24 August 2026, approving the opening of a qualified institutional placement of fully paid-up equity shares with a floor price of ₹2,102.65 per share, subject to a potential 5% discount, and adopting the preliminary placement document; the relevant date for the issue is set as 24 August 2026, and trading windows have been closed for designated persons under regulatory compliance.