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.
Source: The Economic Times Healthcare and Biotech News - Category: Pharmaceuticals Source Type: news