Piramal Finance controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2025
Attachment of former DHFL assets
The Enforcement Directorate attached DHFL-linked assets reportedly valued at ₹186 crore in a bank-fraud case, reflecting the continuing legal consequences associated with the predecessor business.
2024
SEBI insider-trading settlement
SEBI settled an investigation involving a former managing director of Piramal Capital & Housing Finance and associated parties. The settlement reportedly involved approximately ₹43.5 crore and was made without admission or denial of wrongdoing.
2021
Alleged fictitious housing-loan accounts and subsidy diversion
The CBI filed a case alleging that fictitious home-loan accounts were created and government housing subsidies were diverted through shell entities. The allegations concerned the predecessor DHFL business.
2020
Arrest of DHFL promoter Kapil Wadhawan
Kapil Wadhawan was arrested under the Prevention of Money Laundering Act in a case concerning alleged links between DHFL-related lending and organized crime. A court later granted bail.
2019
DHFL alleged financial irregularities and governance crisis
DHFL faced allegations of large-scale diversion of funds, shell-company lending and governance failures. Management denied the allegations. The company later defaulted, faced enforcement investigations and was placed under board supersession by the RBI.
2019
Enforcement investigations into alleged money laundering
The Enforcement Directorate searched DHFL-related premises and investigated alleged money-laundering links involving loans to entities associated with the company's promoters and other parties.