Its baffling that Piramal Capital & Housing Finance Ltd.(PCHFL)now rebranded, merged, demerged, and renamed endlessly as Piramal Finance Ltd., PCHFL, and morestill exists as a reviewable entity on MouthShut. This cunning corporate shape-shifting exposes how the Piramal Groups financial arms mutate identities faster than accountability can follow. The result: what appears as one stable housing-finance company online is in reality a fog of legal and structural ambiguity.
Behind these cosmetic name games lies something far graverthe financial expropriation of DHFL victims. When Mr. Piramal took over DHFL, countless depositors and small investors were left dispossessed, their claims diluted while assets allegedly moved at discounts to Piramal-linked entities. This was not mere restructuring; it was the erasure of responsibility under the cover of corporate rebranding.
MouthShut, by continuing to host this non-entity without clarifying its shifting corporate identities, unintentionally legitimizes a phantom. A platform meant for consumer protection shouldnt serve as a cloak for corporate amnesia. Until Mr. Piramals many financial avatars are made transparent, reviewing Piramal Finance is like shouting into a hall of mirrors.