Piramal Finance Limited
Kotak Mutual Fund increased its stake in Piramal Finance Limited from 3.98% to 4.32%, raising its shareholding from 9,012,168 to 9,793,184 shares. The additional 781,016 shares are worth ₹167.59 crore at a share price of ₹2144.30.
A housing finance company providing loans to retail customers for residential property purchase, construction, and loans against property. The firm specializes in home financing solutions and property-backed credit products for individual borrowers across India. Piramal Finance operates in the housing finance sector, offering tailored lending services to meet the residential property needs of customers seeking home ownership and construction financing options.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.