At the Piramal Finance listing ceremony held at the National Stock Exchange (NSE), Mumbai, on Friday, November 7, Anand Ajay Piramal, Chairman of Piramal Finance, shared an emotional and rare public acknowledgment for his mother-in-law Nita Ambani, Chairperson and Founder of the Reliance Foundation.
The event marked a significant milestone — the official listing of Piramal Finance following its merger with Piramal Enterprises Limited (PEL), a move approved by the National Company Law Tribunal (NCLT) on September 10.
Anand Piramal’s Special Mention for Nita Ambani
In his speech, Anand Piramal took a moment to express his gratitude and affection toward Nita Ambani, calling her “very special.” He revealed a touching anecdote about her dedication to attending the event on time.
“I wanted to thank my mother-in-law for coming today. She is very special to me. She stayed up last night because she was nervous she would come late for this meeting. Naturally, there are other more important people she had to attend to, but she probably lost sleep over this. Thank you all for the love and affection — she is very special to me,” Anand Piramal said during his address.
His heartfelt words received warm applause, highlighting the deep bond and mutual respect shared between two of India’s most prominent business families — the Ambanis and the Piramals.
Ambani and Piramal Families Come Together
The listing ceremony was graced by several family members, including Nita Ambani, Shloka Mehta, and Radhika Merchant, who attended to support Anand Piramal.
- Nita Ambani looked graceful in a floral saree.
- Shloka Mehta opted for an elegant traditional ensemble with a modern twist.
- Radhika Merchant kept her look minimal in a cream-colored suit.
Isha Ambani, Executive Director at Reliance Retail Ventures Limited, attended alongside her husband Anand and their twins, Aadiya and Krishna, marking a proud family moment.
A New Chapter for Piramal Finance
The listing of Piramal Finance represents a key step in the company’s growth strategy, solidifying its position in the Indian financial services sector. The merged entity aims to expand Piramal Group’s financial services business and strengthen its lending portfolio.
Speaking about the company’s future, Anand Piramal emphasized long-term value creation and the importance of sustainable capital infusion
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