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Piramal Finance to sell 14.72% in Shriram Life for ₹600 crore
Business Standard
|December 20, 2025
Piramal Finance on Friday said it would sell its entire 14.72 per cent stake in Shriram Life Insurance to Sanlam Emerging Markets (Mauritius) Ltd for ₹600 crore.
Sanlam Emerging Markets is a 100 per cent subsidiary of Sanlam Emerging Markets Pty and is part of the Sanlam Group, a leading pan-African financial services group headquartered in South Africa.
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