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Piramal in talks to sell stake in Shriram group companies: Report

The news reports of the proposed sale comes at a time when Shriram Transport failed to get any lenders in the syndication for its bond issue last week

AJAY PIRAMAL
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In December 2014, Piramal Group picked up US-based private equity investor TPG's 9.9 percent stake in Shriram Transport through block deals in the open market for Rs 1,652 crore.

3 min read Last Updated : Apr 23 2019 | 1:06 PM IST
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Billionaire chairman of Piramal Enterprises, Ajay Piramal is planning to sell his stake in Shriram group companies at a valuation of Rs 9,000 crore.

The news reports of the proposed

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First Published: Apr 23 2019 | 12:41 PM IST

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