Effectiveness of the Composite Scheme of Arrangement amongst Piramal Enterprises Limited, Piramal Finance…
As filed · Piramal Enterprises Limited has informed the Exchange about effectiveness of the Composite Scheme of Arrangement amongst Piramal Enterprises Limited, Piramal Finance Limited (formerly known as Piramal
What happened
FactPiramal Enterprises Limited has informed the Exchange about effectiveness of the Composite Scheme of Arrangement amongst Piramal Enterprises Limited, Piramal Finance Limited (formerly known as Piramal Capital & Housing Finance Limited) and their respective shareholders and creditors. Regulations”) - Effectiveness of the Composite Scheme of Arrangement amongst Piramal. Registrar of Companies, Mumbai, Ministry of Corporate Affairs, Government of India, today, i.e.,.
Why it matters
CapitSignal interpretationA merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
DelayedWe expect completion of the merger by the quarter ending September 2025
Strong Growth book ROA in Q4 FY25; Positive PAT in FY 25; 2.5-3X Profit growth outlook for FY 26
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Swap ratio and its valuation basis
- Regulatory and NCLT approvals required
- Appointed date
- We expect completion of the merger by the quarter ending September 2025 (management committed by Q2 FY26)
- Strong Growth book ROA in Q4 FY25; Positive PAT in FY 25; 2.5-3X Profit growth outlook for FY 26 (management committed by FY26)
Evidence
- Piramal Enterprises Limited has informed the Exchange about effectiveness of the Composite Scheme of Arrangement amongst Piramal Enterprises Limited, Piramal Finance Limited (formerly known as Piramal Capital & Housing Finance Limited) and their respective shareholders and creditors(opens the original filing in a new tab)
- Earlier statement · FY25
- Latest statement · Q4 FY25
How CapitSignal classified this
- Reasoning:
- MERGER base 74; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%