Piramal Healthcare

Hi Dhawanil,

Thanks for your prompt response. Very helpful.

I took the investments from Balance sheet schedules, both current and long
term. I couldn’t find a way of sorting them into pure investments vs part
of nbfc book. If a transaction is part of nbfc business, should it appear
as investment at all or it will be treated as an advanve. Eg, sbi will not
classify my home loan with them as investment but rather as an advance. In
essence can a transaction be a part of loan book as well as investment.

Second, i didnt include alt asset mgmt/piramal realty because i was not
clear of their ownership pattern. Are they held by Piramal enterprise or a
group holding company. So conservatively avoided them.

Thanks,
Sai