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    PIRAMALFIN — Piramal Finance News Story

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    India's Piramal Finance rises on selling stake in Shriram Life Insurance for 6 billion rupees

    Picture of Piramal Finance logoPiramal Finance
    19/12/2025 09:05
    **Shares of Piramal Finance PIRL.NS rises 2.65% to 1578.4 rupees

**Housing finance co says it will sell 14.72% stake in Shriram Life Insurance for 6 billion rupees to Sanlam Emerging Markets (Mauritius)

**Co says divestment is aligned with its focus on monetizing non-core assets; aims to strengthen balance sheet

**Stock up 25.24% compared to its opening price on November 7, when Piramal Finance started trading after merging with parent Piramal Enterprises

 (Reporting by Mridula Kumar in Bengaluru)

 ((Mridula.Kumar@thomsonreuters.com;))

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