Piramal Finance to exit Shriram Life Insurance Company
Published on: Dec. 20, 2025, 12:29 a.m. | Source: The Economic Times
Piramal Finance is selling its 14.72% stake in Shriram Life Insurance to Sanlam Emerging Markets for ₹600 crore. This move aligns with Piramal's strategy to exit non-core assets and reinvest in its lending business. The transaction is expected to close by March 31, 2026, subject to regulatory approvals.
