Piramal Finance is selling its 14.72% stake in Shriram Life Insurance to Sanlam Emerging Markets for ₹600 crore. This move aligns with Piramal's strategy to exit non-core assets and reinvest in its lending business. The transaction is expected to close by March 31, 2026, subject to regulatory approvals.
from Banking/Finance-Industry-Economic Times https://ift.tt/bnzPxNr
via IFTTT
No comments:
Post a Comment