Nicholas Piramal India (NPIL)


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Nicholas Piramal India (NPIL) is in discussions for the sale of a small stake in its research company, Piramal Life Sciences, top officials at the company said. “We will get additional funding within one-year of listing of the company,” said Chairman Ajay Piramal. “We have been approached by several PE funds, but this is still early days.” Piramal Life Sciences will be listed in India in the first or second week of June.