PEL Shares Up By 4.22% Ahead of September 23 Record Date for Piramal Finance Merger

Mumbai, September 22, 2025: Piramal Enterprises Limited share price is witnessing strong investor demand today, on September 22, after the company announced the record date for its merger with Piramal Finance. As of 1:45 AM, the shares were up by 4.22%, or 47.40 points and were trading at ₹1,169.60. Until now, the shares have traded within a range of ₹1,189 and ₹1,128.10. The current traded volume stands at 5.26 lakh shares, with the current market cap at ₹25,438 crore.

Piramal Enterprises Limited (PEL) is an Indian company that operates as a Non-Banking Financial Company (NBFC). The company is a part of the Piramal Group and was established in 1947. The company is headquartered in Mumbai, Maharashtra. The shares of the company are listed on NSE with the ticker symbol PEL and on BSE with the code 500302.

Key Trigger: September 23 Record Date

The high investor interest comes after the company announced the record date for its merger with Piramal Finance Limited. Piramal Enterprises Limited announced that September 23 will be the record date for allocating shares under its merger plan with Piramal Finance Limited. Under the merger, for every 1 equity share held by shareholders in Piramal Enterprises Limited, they will receive 1 equity share of Piramal Finance Limited.

REF: https://nsearchives.nseindia.com/corporate/PEL_20092025152926_PEL_SE_intimation_20092025_sd.pdf

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