Piramal Group Stocks

The Piramal Group, led by Ajay Piramal since the early 1980s, has evolved into a global business conglomerate with a significant footprint in healthcare, life sciences, drug discovery, real estate, financial services, and glass packaging. Beginning with acquiring Gujarat Glass Limited in 1984 and Nicholas Laboratories in 1988, the group expanded through strategic acquisitions, including Roche’s Indian subsidiary in 1993 and Ceylon Glass Company in 1999.

Notably, in 2010, Piramal Healthcare sold its domestic formulations business to Abbott for $3.72 billion, marking one of the most expensive deals in the pharmaceutical industry. The group has also ventured into real estate with Piramal Realty and made significant contributions to healthcare and contract manufacturing, earning a spot among the top corporations in India and globally.

Piramal Group currently operates in sectors such as:

• Financial Services: Through Piramal Enterprises Ltd, the Group provides financial services.
• Pharma: Through Piramal Pharma Limited (PPL), the Group provides a wide range of products and services through end-to-end manufacturing facilities.
• Real estate: Piramal Realty is the real estate development arm of the Piramal Group.

Ajay Piramal, Chairman and Executive Director

Ajay Piramal is the Chairman of the Piramal Group. He is considered to be a torchbearer for responsible entrepreneurship. He holds important positions on the Boards of various companies and prestigious institutions. He serves on the Harvard Business School’s Board of Dean’s Advisors, Non-Executive Director of Tata Sons Ltd, and co-chair of the UK-India CEO Forum.

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