Ajay Piramal

Indian Businessman

Ajay Piramal was born in Rajasthan, India on December 20th, 1955 and is the Indian Businessman. At the age of 68, Ajay Piramal biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.

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Date of Birth
December 20, 1955
Nationality
India
Place of Birth
Rajasthan, India
Age
68 years old
Zodiac Sign
Sagittarius
Profession
Businessperson
Ajay Piramal Height, Weight, Eye Color and Hair Color

At 68 years old, Ajay Piramal physical status not available right now. We will update Ajay Piramal's height, weight, eye color, hair color, build, and measurements.

Height
Not Available
Weight
Not Available
Hair Color
Not Available
Eye Color
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Build
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Measurements
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Ajay Piramal Religion, Education, and Hobbies
Religion
Not Available
Hobbies
Not Available
Education
University of Mumbai
Ajay Piramal Spouse(s), Children, Affair, Parents, and Family
Spouse(s)
Swati Shah Piramal
Children
2
Dating / Affair
Not Available
Parents
Not Available
Ajay Piramal Career

In 1988, Piramal bought Nicholas Laboratories, an Australian multinational corporation. The company is now ranked fifth among pharma companies in India, having made a string of overseas acquisitions like the Indian subsidiaries of Roche, Boehringer Mannheim, Rhone Poulenc, ICI and Hoechst Research Centre. India's first major shopping mall, Crossroads, was developed from three redundant Piramal factory buildings in Mumbai.

He led Piramal Enterprises Ltd invested in Vodafone India by buying 11% in two tranches. The first 5.5%, was bought in 2011 for Rs 2,856 crore and the second, the next year for Rs 3,007 crore. to buy a 5.5% stake in Vodafone India for INR 30.07 billion ($618 million), taking the total stake to 11%. In April 2014, Piramal Enterprises Ltd. sold its 11% stake for INR 8,900 crore, at a 51.78% premium to the price the company had paid in 2011–12.

After selling his stake in Vodafone India, Piramal paid INR 2,014 crore to buy a 20% stake in Shriram Capital Ltd., an arm of the Chennai-based Shriram Group. The purchase was made in addition to INR 1,636 crore investment in Shriram Transport Finance Co. Ltd. for a 9.9% stake. Piramal also serves as the Chairman of Shriram Group.

Piramal announced in 2019 he planned to resign as chairman of Shriram Capital Ltd. He was named chairman five years earlier.

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Ajay Piramal Awards
  • Honorary Commander of the Order of the British Empire (CBE) in 2022 for services to the UK-India trade relationship.
  • Business Leader of the Year Award, 2018, International Advertising Association Leadership Awards
  • Special Achievement Award, Asia Pacific Entrepreneurship Awards (APEA) 2018
  • CNBC Asia's India Business Leader of the Year Award, 2018
  • CNBC Asia Business Leader of the Year Award, 2017
  • Corporate Citizen of the Year award by AIMA Managing India Awards in 2016
  • SEN Sustainability Award – Philanthropy and Best of Best – instituted by World Presidents' Organisation (2015)
  • Business Leader of the Year 2015, by Indo-American Chamber of Commerce
  • Outstanding Philanthropist 2013 and 2014, Forbes Philanthropy Awards
  • Kriyasheel Global Achievers Award (2010)
  • India Innovator of the Year 2008 awarded by CNBC TV 18
  • Entrepreneur of the Year' Award of UK Trade and Investment Council in 2006
  • Ernst & Young's Entrepreneur of the Year Award in the Healthcare and Life Sciences category in 2004
  • "Business Leader Award" in Pharma Sector at the CHEMTECH PHARMABIO AWARD (2004);
  • "Life Time Achievement Award" by The Rotary Club of Mumbai Mid-Town (2004)
  • Global Leader of Tomorrow by the World Economic Forum (2004)
  • Rotary International (District 3140) Certificate of Appreciation and "Four Way Test Award" in 2001
  • CEO of the Year Award' by World Strategy Forum (1999)