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Management change

Piramal Finance Dinesh Khara as Non appointed

Piramal Finance (BSE: PIRAMALFIN) said Dinesh Khara as Non has been appointed. The company is valued at about ₹46,112 crore.

BCEIE News Desk · Published 19 Oct 2026, 03:58 pm IST · Filing received 19 Oct 2026, 03:43 pm IST

What happened

Piramal Finance (BSE: PIRAMALFIN) informed the stock exchanges on 19 October 2026 at 03:43 PM that Dinesh Khara as Non has been appointed.

Company snapshot

Piramal Finance is a mid-cap company in the Financial Services sector, with a market value of about ₹46,112 crore.

The stock last traded at ₹1,948.7, against a 52-week range of ₹1,260–₹2,326.4 (16.2% below the high).

Before this filing the shares had moved −11.4% over the month and −9.6% over three months. Average daily turnover over the last 20 sessions was about ₹75.72 crore.

Promoters held 44.22% at the end of Q2 FY27, down 1.94% points from the previous quarter. Foreign institutions owned 15.72% and domestic institutions 21.21%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q3 FY262,918400.217.69
Q4 FY263,424500.922.14
Q1 FY273,368459.120.38

What history shows

This is not the company's first management change disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.

Across 300 similar disclosures by other Financial Services companies, shares moved −0.1% on average the next day and −0.5% over five days; 50% of them rose the next day.

Market-wide, 3,966 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 19 October 2026: Board meeting — Financial Results.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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