Piramal Finance to Sell 14.72% Stake in Shriram Life for ₹600 Crore

Piramal Finance on Friday announced that it will sell its entire 14.72 percent stake in Shriram Life Insurance Company Limited to Sanlam Emerging Markets (Mauritius) Ltd for ₹600 crore. The transaction marks Piramal Finance’s exit from the life insurance joint venture. Buyer ProfileSanlam Emerging Markets (Mauritius) Ltd is a wholly owned subsidiary of Sanlam Emerging … Continue reading Piramal Finance to Sell 14.72% Stake in Shriram Life for ₹600 Crore