Piramal Enterprises Share Price Jumps 4% as NCLT Approves Merger with Piramal Finance

Piramal Enterprises share price (NSE: PEL) rose 3.6% on September 17, 2025, touching an intraday high of ₹1,185 on BSE. At 11:37 AM, the stock traded at ₹1,185, outperforming the BSE Sensex, which was up 0.33% at 82,650. The company’s market capitalization stands at ₹26,861 crore, with a 52-week high of ₹1,355.9 and a low of ₹849.9.

What Triggered the Spike?

The rally came after the National Company Law Tribunal (NCLT), Mumbai Bench, approved the merger scheme of Piramal Enterprises with its subsidiary, Piramal Finance. The merger became effective on September 16, 2025, leading to the dissolution of Piramal Finance without winding up, as per the approved scheme.

The company had filed a petition with NCLT on July 8, 2025, seeking approval for this merger, which had already been accepted by the majority of equity shareholders and secured creditors in meetings held on July 2, 2025.

Read More: Hindustan Unilever Appoints Srinivas Phatak as Permanent CFO!

About Piramal Enterprises and Piramal Finance

Piramal Enterprises is a diversified NBFC operating across retail and wholesale lending, alternatives, and insurance, with investments and assets worth $10 billion.

Piramal Finance, a subsidiary, provides a wide range of funding solutions. Its retail lending includes home loans, loans against property, used car loans, and small business loans, mainly catering to customers in Tier II and III cities. In wholesale lending, it serves both real estate and non-real estate sectors.

Conclusion

The NCLT approval strengthens Piramal Enterprises’ position and simplifies its corporate structure. Investors have responded positively, reflecting confidence in the merged entity’s growth prospects.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.