Piramal Enterprises invests ₹700 crore in finance arm via rights issue

Piramal Enterprises has invested ₹700 crore in its wholly-owned subsidiary, Piramal Finance Limited, through a rights issue to support general corporate and business purposes. Shares of Piramal Enterprises Ltd ended at ₹1147.75, down by ₹3.50, or 0.30%, on the BSE.

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