Business »  Topic »  Shriram Capital signals exit of Piramal Enterprises, TPG

Shriram Capital signals exit of Piramal Enterprises, TPG


Shriram Capital indicated on Tuesday in a media statement that both Piramal Enterprises and private equity firm TPG are evaluating their exit from the firm.

Piramal Enterprises holds close to 20% in Shriram Capital. (Website)

Shriram Capital indicated on Tuesday in a media statement that both Piramal Enterprises and private equity firm TPG are evaluating their exit from the firm.

“Both Piramal Enterprises (PEL) and TPG are evaluating the feasibility of selling their respective shareholding in Shriram Capital (SCL). We understand that PEL’s evaluation of exit from SCL is part of its long-term strategy to fund growth of its ...


Read the full text financialexpress