Piramal board okays demerger of pharma, financial services operations

The amalgamation of PHL Fininvest Private Limited with PEL will create a listed non-banking financial services (NBFC) entity. The merged housing finance company (HFC) post DHFL acquisition will remain a 100 per cent subsidiary of PEL.

from Healthcare/Biotech-Industry-Economic Times https://ift.tt/3BnuHWs
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