Corporate milestones are often marked by solemn handshakes and ringing bells, but the recent listing of Piramal Finance on the National Stock Exchange (NSE) in Mumbai carried an extra layer of warmth and star power. The event, held on Friday, November 7, to commemorate the company’s official debut as a unified financial entity following its merger, was graced by the notable presence of the Ambani family’s leading women: Nita Ambani, along with her daughters-in-law Shloka Mehta and Radhika Merchant.

Their presence was a powerful gesture of solidarity and familial support for Anand Piramal, Executive Director of the Piramal Group and husband of Isha Ambani.

The Significance of the Listing

The listing was a crucial moment for the Piramal Group. Piramal Finance, formerly Piramal Capital & Housing Finance Limited, was successfully listed on the NSE and BSE following its merger with Piramal Enterprises Limited (PEL). This structural realignment was designed to streamline operations and create a pure-play, focused financial services powerhouse.

The stock made a strong market debut, listing at ₹1,260 per share on the NSE, marking a significant premium over the discovered price. This strong start indicated robust investor confidence in Anand Piramal’s leadership and the company’s vision to target an Asset Under Management (AUM) size of ₹1.5 trillion by 2028. The successful listing firmly positions Piramal Finance as a major player in India’s dynamic NBFC sector.

A Display of Family Solidarity

The corporate achievement was celebrated as a personal victory for the closely connected families. Nita M. Ambani, Founder and Chairperson of Reliance Foundation, led the family's contingent, her presence underscoring the deep bond between the two industrial dynasties.

This gathering was not only a business event but a public affirmation of the deep ties that bind the families, showcasing their unity in celebrating major life and corporate events.

Style Statements: Elegance Meets Understatement

The Ambani women, often scrutinized for their fashion choices, brought their individual styles to the financial setting, blending traditional elegance with modern sophistication.

• Nita Ambani chose a vibrant floral saree, maintaining her signature look of traditional Indian grace.

• Shloka Mehta opted for an elegant ethnic ensemble that featured modern tailoring, striking a balance between heritage and contemporary style.

• Radhika Merchant kept her look understated and poised in a classic cream suit, a choice that reflected sophisticated minimalism befitting the formal, high-stakes environment of the stock exchange.

A video of their arrival at the NSE, shared widely by the news agency ANI, quickly became a viral moment, capturing the public's fascination with the convergence of business power and family connection. Their collective presence reaffirmed that in the world of India's top business houses, support is a public, powerful, and impeccably styled affair.
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