Piramal Enterprises will hold a meeting of the Board of Directors of the Company on 27 January 2025.Powered by Capital Market - Live

Life Healthcare Group Holdings has entered into binding agreements for the sale of Life Molecular Imaging, a member of the Imaging Group, subject to receipt of shareholders and various regulatory and other approvals. Life Healthcare is part of the group that acquired Piramal Imaging SA from Piramal Enterprises in 2018. The company stated that it will become eligible to receive an estimated amount of $140 million, expected to be received in FY26. It may also receive further amounts in subsequent years from any eligible profits and future earnouts relating to the Imaging Group, subject to a maximum of $200 million (inclusive of the above $140 million). Piramal Enterprises (PEL) is a leading diversified NBFC in India with a presence across retail lending, wholesale lending, and fund-based platforms. The company has investments and assets worth around $10 billion, with a network of branches across 26 states/UTs. The NBFC reported a 238.2% surge in consolidated net profit to Rs 162.97 crore on a 9.2% rise in total income to Rs 2,486.18 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

PCHFL will utilise the investment towards business/ general corporate purposes. There is no change in the shareholding percentage of the company in PCHFL following the investment, it added. Piramal Enterprises (PEL) is a leading diversified NBFC in India with a presence across retail lending, wholesale lending, and fund-based platforms. The company has investments and assets worth around $10 billion, with a network of branches across 26 states/UTs. The NBFC reported a 238.2% surge in consolidated net profit to Rs 162.97 crore on a 9.2% rise in total income to Rs 2,486.18 crore in Q2 FY25 over Q2 FY24. Shares of Piramal Enterprises declined 1.54% to Rs 1086.90 on the BSE. Powered by Capital Market - Live

The debentures will have a face value of Rs 1,000 each. Piramal Enterprises (PEL) is a leading diversified NBFC in India with a presence across retail lending, wholesale lending, and fund-based platforms. The company has investments and assets worth around $10 billion, with a network of branches across 26 states/UTs. The NBFC reported a 238.2% surge in consolidated net profit to Rs 162.97 crore on a 9.2% rise in total income to Rs 2,486.18 crore in Q2 FY25 over Q2 FY24. Powered by Capital Market - Live

Securities in F&O Ban: RBL Bank, Bandhan Bank, Granules India, Hindustan Copper, Manappuram Finance, SAIL Stocks to Watch: IDBI Bank has announced that its board will meet on Tuesday, 31 December 2024, to review and consider a proposal for long-term rupee bond borrowings as part of its debt capital strategy. Can Fin Homes informed that Apurav Agarwal has resigned from the post of chief financial officer (CFO) and key managerial personnel (KMP) of the company due to personal reasons. Aurobindo Pharma announced that its subsidiary, CuraTeQ Biologics s.r.o., has received marketing authorization from the UK's Medicines and Healthcare Products Regulatory Agency (MHRA) for Bevqolva, its bevacizumab biosimilar. Reliance Industries' wholly owned subsidiary, Reliance Digital Health (RDHL) entered into definitive agreements to acquire 45% equity stake on a fully diluted basis in Health Alliance Group Inc. (HAGI) for an aggregate consideration of $10 million. Dalmia Bharat informed that Rajiv Bansal, president & chief transformation officer and senior management personnel of the company has resigned from his position on 18 December 2024. Ultratech Cement said that the Competition Commission of India (CCI) has approved the acquisition of India Cement. The company will acquire 10.13 crore equity shares (32.72% equity stake) held by the promoters and the other shareholder in India Cements and will make an open offer for up to 8.05 crore equity shares or 26% stake in India Cements at a price of Rs 390 per share from the public shareholders. Mazagon Dock Shipbuilders (MDL) informed that it has delivered the first stealth frigate of Project 17A class and the fourth stealth destroyer of Project 15B class to the Indian Navy. NTPC Green Energy (NGEL) has signed a memorandum of understanding (MoU) with the Department of Industries, Government of Bihar on 20 December 2024. The agreement states a framework for significant investments in Bihar to establish renewable energy projects, including ground-mounted and floating solar installations, battery energy storage systems, green hydrogen mobility initiatives, etc. Piramal Enterprises' board approved the public issuance of secured non convertible debentures (NCDs) of face value of Rs 1000 each, amounting upto Rs 2000 crore in one or more tranches. Indian oil Corporation (IOCL)'s board has approved for setting up a Yarn Project consisting of 900 TPD continuous polymerization (CP) unit with downstream units of draw textured yarn (DTY), fully drawn yarn (FDY), polyester chips & associated facilities at Bhadrak (Odisha) at an estimated cost of Rs 4,382.21 crore through (50:50) Joint Venture with MCPI with IndianOil's equity contribution of Rs. 657.33 crore.Powered by Capital Market - Live

Piramal Enterprises (PEL) is a leading diversified NBFC in India with a presence across retail lending, wholesale lending, and fund-based platforms. The company has investments and assets worth around $10 billion, with a network of branches across 26 states/UTs. The NBFC reported 238.2% surge in consolidated net profit to Rs 162.97 crore on 9.2% rise in total income to Rs 2,486.18 crore in Q2 FY25 over Q2 FY24. The scrip slipped 2.98% to currently trade at Rs 1,188 on the BSE.Powered by Capital Market - Live

Net profit of Piramal Enterprises rose 238.18% to Rs 162.97 crore in the quarter ended September 2024 as against Rs 48.19 crore during the previous quarter ended September 2023. Sales rose 11.98% to Rs 2249.98 crore in the quarter ended September 2024 as against Rs 2009.19 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales2249.982009.19 12 OPM %60.1155.64 - PBDT168.70161.53 4 PBT113.27123.26 -8 NP162.9748.19 238 Powered by Capital Market - Live

Net profit of Piramal Enterprises rose 3756.33% to Rs 115.69 crore in the quarter ended September 2024 as against Rs 3.00 crore during the previous quarter ended September 2023. Sales declined 4.77% to Rs 462.71 crore in the quarter ended September 2024 as against Rs 485.88 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales462.71485.88 -5 OPM %61.8431.50 - PBDT114.519.13 1154 PBT110.196.61 1567 NP115.693.00 3756 Powered by Capital Market - Live

Piramal Enterprises will hold a meeting of the Board of Directors of the Company on 23 October 2024.Powered by Capital Market - Live

The base issue size is of Rs 50 crore along with a green shoe option to retain over subscription of up to Rs 100 crore, aggregating to Rs 150 crore. These secured, rated, listed, redeemable, NCDs have a coupon rate of 9.5% per annum paid annually and on redemption date, which is 7 July 2034. The debentures are proposed to be listed on the wholesale debt market (WDM) segment of the Bombay Stock Exchange (BSE)/ National Stock Exchange (NSE). NSE is the designated stock exchange. Piramal Enterprises (PEL) is a leading diversified NBFC in India with a presence across retail lending, wholesale lending, and fund-based platforms. The company has investments and assets worth around $10 billion, with a network of branches across 26 states/UTs. The NBFC reported 64.33% fall in consolidated net profit to Rs 181.48 crore in Q1 FY24 as against Rs 508.78 crore posted in Q1 FY24. Total income fell 25.99% to Rs 2,145.38 crore in Q1 FY25 as compared to Rs 2,898.79 crore posted in corresponding quarter last year. The scrip ended 0.33% higher at Rs 1,004.40 on the BSE.Powered by Capital Market - Live