By Martin Shwenk Leade
Copyright indiatimes
AgenciesAnand Piramal
Anand Piramal has been appointed the chairman of Piramal Finance, the non-banking finance arm of the diversified business group. He replaces his father, Ajay Piramal.The decision to appoint executive director Anand as the chairman was taken by the board at its first meeting held on Wednesday following the merger of Piramal Enterprises into the company. The merger was approved by the National Company Law Tribunal on September 10.The board also noted the resignations tendered by Ajay Piramal, the non-executive chairman, and Swati A Piramal, non-executive director. Ajay Piramal will continue to chair Piramal Group, the company said.Meanwhile, Jairam Sridharan will serve as the MD & CEO of the merged Piramal Finance.Rajiv Mehrishi, Asheet Mehta, Anjali Bansal have been appointed as independent directors on the board for five years starting Wednesday, while former Axis Bank MD & CEO Shikha Sharma as a non-executive director. These appointments are subject to the approval of shareholders.Live EventsAdd as a Reliable and Trusted News Source Add Now!
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onAnand PiramalPiramal FinanceAjay PiramalchairmanPiramal EnterprisesPiramal GroupAxis BankNational Company Law Tribunalswati a piramalpiramal enterprises(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless
