Piramal Finance (PIRAMALFIN) — Board Meeting

📢 Key Event
Corrigendum issued to EGM notice modifying preferential issue object clause

🔄 What Changed
Deleted 'or mutual funds (overnight funds/ liquid funds)' from Explanatory Statement; added board deployment flexibility for issue proceeds

💡 Investor Takeaway
Shareholders should note the EGM agenda now includes updated wording on how preferential issue proceeds may be deployed.

Piramal Finance issued a corrigendum to its EGM notice dated August 26, 2026, modifying the Explanatory Statement under 'Objects of the Preferential Issue' on page 11 by deleting the phrase 'or mutual funds (overnight funds/ liquid funds)'. The correction replaces it with language granting the board flexibility to deploy preferential issue proceeds in scheduled commercial bank fixed deposits, RBI-approved instruments, or money market products like TREPS and T-Bills. All other EGM notice details remain unchanged, and the corrigendum is effective immediately for shareholder record. The filing was submitted to BSE and NSE on September 11, 2026.

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About Piramal Finance Ltd (PIRAMALFIN)

Financial Services · Finance · Listed on BSE

Market Cap: ₹51,145.29 Cr P/E: 30.2 ROE: 6.0% ROCE: 7.5% Div Yield: 0.49%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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