Filing of Company Petition in Company Scheme Application No. C.A. CAA84MB2026 with the Honorable NCLT seeking…
As filed · Piramal Finance Limited has informed the Exchange about Filing of Company Petition in Company Scheme Application No. C.A. CAA84MB2026 with the Honorable NCLT seeking sanction of the Scheme.
What happened
FactPiramal Finance Limited has informed the Exchange about Filing of Company Petition in Company Scheme Application No. C.A. National Company Law Tribunal, Mumbai Bench (‘Hon’ble NCLT’) on 4th July 2026 seeking. sanction of the Hon’ble NCLT to the Scheme.
Why it matters
CapitSignal interpretationOnce an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
ContradictedOpex / AUM ratio in our Retail business (home to 90%+ of Opex) fell to 3.6%, down from a peak of 6.5% a few years ago
We ended the year with a NIM of 6.5% in Q4, up over 150 bps in the last 12 quarters.
Change
FactImplication
CapitSignal interpretationMargins
ContradictedWe ended the year with a NIM of 6.5% in Q4, up over 150 bps in the last 12 quarters.
We ended the year with comfortable credit costs of 1.5% in our Growth business.
Change
FactImplication
CapitSignal interpretationCapex
WithdrawnAs we progress towards our goal of achieving ₹1.5 lakh crore AUM by FY2028, our focus remains on granular, profitable retail lending.
Rural Lending in particular is an area of strong interest, and we intend to make significant investments towards making a mark in that large but tough market.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Admission or rejection of the application by the tribunal
- Appointment of a resolution professional
- Claims admitted against the company
- As we progress towards our goal of achieving ₹1.5 lakh crore AUM by FY2028, our focus remains on granular, pro (management committed by FY28)
Evidence
- Piramal Finance Limited has informed the Exchange about Filing of Company Petition in Company Scheme Application No. C.A. CAA84MB2026 with the Honorable NCLT seeking sanction of the Scheme.(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · FY26
- Earlier statement · FY26
- Latest statement · FY26
- Earlier statement · FY26
- Latest statement · FY26
How CapitSignal classified this
- Reasoning:
- INSOLVENCY base 93; +5 quantified amount; explicit insolvency/default evidence present; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%