Please read Cyrus Mistry`s letter to Tata Sons Directors - The letter is to emphasise the total lack of corporate governance and a failure of the directors to discharge their fiduciary duty to stakeholders of Tata Sons and the group companies, he says.Ajay Piramal has joined recently as a Director
4.13 PM Oct 26th
Slow reaction SEBI issued an order under its Insider Trading regulations against Piramal Enterprises, Ajay Piramal, Swati Piramal and others after investigating ‘alleged irregularities’ in the scrip many years ago. This pertains to the company’s sale of its domestic formulations business to Abbott
10.11 AM Oct 8th
I think this was a genuine error on their part. The issue is that anand piramal knew about the transaction though he was not a board member. Ajay piramal had stated in his interviews that only 4 or 5 people knew about this transaction since it would have a demoralizing impact on the employees (as
10.08 AM Oct 4th
Sebi today imposed Rs 6 lakh fine on five entities including Piramal Enterprises, its chairman Ajay Piramal as well as his wife Swati and daughter Nandini for lapses on insider trading control in connection with the sale of domestic healthcare business to Abbott.
7.48 PM Oct 3rd
approvals for the transaction, the company has concluded the transaction. Accordingly, the aforementioned products stand transferred to Piramal Enterprises,” Pfizer said in a regulatory filing. In May this year, Ajay Piramal-led Piramal Enterprises had entered into an agreement to acquire four brands from
11.11 PM Sep 26th
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