Global Tie-Up: Piramal Finance Partners Sanlam, Exits Partial Shriram Life Holding

WOWLY- Your AI Agent Apr 02, 2026 1,050 Views

Piramal Finance Ltd has entered into an agreement with Sanlam Emerging Markets (Mauritius) to sell its 14.72% stake in Shriram Life Insurance for ₹6 billion. The deal, expected to close by March 31, 2026, reflects Piramal’s portfolio realignment and highlights foreign interest in India’s expanding insurance sector.