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Piramal Enterprises’ arm invests Rs 565 crore in two auto component makers

Piramal Finance, 100% subsidiary of Piramal Enterprises is investing Rs 565 crore in two auto component makers. The company has invested Rs 275 crore in RSB Group and Rs 290 crore in Indoshell Mould. The investments were made through the Corporate Finance Group (CFG), erstwhile Structured Finance Group, of Piramal Finance.

Piramal Enterprises is one of India’s large diversified companies, with a presence in Pharmaceuticals, Healthcare Information Management and Financial Services.

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