Anand Piramal To Become Piramal Finance Chairman

Piramal Finance on Wednesday said Anand Piramal will become the company's chairman.

Anand joined the business in 2019 and has led the retail lending platform and also the Rs 34,250-crore acquisition of DHFL, an official statement said, adding his father Ajay will continue to be the chairman of the Piramal Group.

His appointment comes following the approval of the scheme of merger of Piramal Enterprises with its wholly owned subsidiary Piramal Finance by the NCLT, the statement said.