FilingReader Intelligence
Piramal Enterprises targets 25% growth, plans merger
July 31, 2025 at 07:29 AM UTC•By FilingReader AI
Piramal Enterprises projects 25% growth in total assets under management to INR 100,000 crore by FY26, with growth AUM expected to rise 30% to INR 96,000 crore.
The company reported total AUM of INR 80,689 crore for FY25, with consolidated profit after tax of INR 485 crore.
Piramal Enterprises plans to merge with Piramal Finance Ltd to simplify group structure and give shareholders direct access to the entire lending business, targeting completion by Q3FY26.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:PEL•Bombay Stock Exchange
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