Piramal Enterprises inducts Ms. Shikha Sharma to its Board

The Board of Directors of Piramal Enterprises Limited at its meeting held on 31st March, 2022, based on the recommendations of the Nomination and Remuneration Committee, appointed Ms. Shikha Sharma (DIN: 00043265) as a Non-Executive Non-Independent Director of the Company with effect from 31st March, 2022, liable to retire by rotation, subject to the approval of the shareholders of the Company.

Ms. Shikha Sharma is a B.A (Hons.) in Economics, PGD in Software Technology and PGD from IIM, Ahmedabad. She has rich experience in banking & insurance and has an excellent track record. She led the bank on a transformation journey from being primarily a corporate lender to a bank with a strong retail deposit franchise and a balanced lending book.

She began her career with ICICI Bank in 1980. She was the MD and CEO of ICICI Personal Financial Services from May 1998 to December 2000. Thereafter, she was the Managing Director and CEO of ICICI Prudential Life Insurance Company from December 2000 to June 2009. Later she was appointed as the Managing Director and CEO of Axis Bank from June 2009 till December 2018.

Ms. Sharma has won many awards, including Outstanding Businesswoman of the year - CNBC TV18, AIMA JRD TATA Corporate Leadership, Banker of the Year - Business Standard, and has been recognized Top 20 Women in Finance by Finance Asia and 50 most powerful women in business by Fortune. She is on the board of directors of public listed companies' viz. Tata Consumer Products Limited, Ambuja Cements Limited, Tech Mahindra Limited, Mahindra & Mahindra Limited and Dr. Reddy's Laboratories Limited. She is also an advisor to Google India Digital Services Private Limited, NextBillion Technology Private Limited, Bahaar Foundation - a unit of Akshati Charitable Trust and a member of the Board of Governors of IIM, Lucknow.

Shares of Piramal Enterprises Limited was last trading in BSE at Rs. 2230.50 as compared to the previous close of Rs. 2187.10. The total number of shares traded during the day was 29968 in over 2234 trades.

The stock hit an intraday high of Rs. 2235.35 and intraday low of 2185.00. The net turnover during the day was Rs. 66490697.00.

Source : Equity Bulls

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PiramalEnterprises INE140A01024 PEL Appointment ShikhaSharma