Corporate Announcement
Security Code : 500302    Company : PEL    
 
Incorporating a Housing Finance Company as a subsidiary of the Company’s wholly owned subsidiary, Piramal Finance LimitedDownload PDF
  Exchange Disseminated Time     05/01/2017 16:49:06
Piramal Enterprises Ltd has informed BSE that the Company's wholly owned subsidiary, Piramal Finance Limited ('PFL') is in the business of providing financial services.

In line with the Company's growth plans, PFL will now be making an application to the National Housing Bank (NHB) for incorporating a Housing Finance Company (HFC) as its subsidiary. This has been approved by the Company's Board of Directors at its meeting held on January 05, 2017.
 

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