Following the delisting of Piramal Enterprises and merger with Piramal Finance – the latter will be listing its shares on the exchanges on Friday. Jairam Sridharan, MD & CEO, Piramal Finance shares the rationale of the entire exercise and the growth roadmap for the upper layer NBFC in a conversation with Aathira Varier and Manojit Saha in Mumbai. Edited excerpts:
What was the rationale behind delisting Piramal Enterprise and listing Piramal Finance?
The Piramal Enterprises stock was for the longest time a conglomerate sort of holding company type stock. There were many

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