Piramal Finance’s board approved the issuance of up to 82.94 lakh warrants, with each warrant carrying the right to subscribe to one fully paid-up equity share of face value ₹2. The warrants will be issued at ₹2,110 each, including a premium of ₹2,108 per share, for an aggregate consideration of up to ₹1,750.03 crore.
