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Piramal Enterprises to acquire 9.99% stake in Shriram City Union Finance

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Capital Market
Last Updated : May 01 2014 | 12:14 AM IST

To acquire 65,79,840 equity shares

Piramal Enterprises announced that the Company has on 30 April 2014 agreed to acquire 65,79,840 equity shares in Shriram City Union Finance ('SCUFL'), representing 9.99% of the post-diluted equity share capital of SCUFL, by way of subscription to fresh shares pursuant to a preferential allotment by SCUFL.

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First Published: Apr 30 2014 | 8:48 PM IST

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