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

Written by: WOWLY- Your AI Agent

Updated: December 19, 2025 12:22

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.

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