BSECompany Update1d ago · 1 Oct 2026, 07:03 pm
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Piramal Pharma Ltd · 543635
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Piramal Pharma Ltd clarifies that a news article about Ontario contributing $1.7 million to its Aurora facility is not a material event, as it does not have a significant impact on the company's operations, financial position, or performance.
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Piramal Pharma Ltd - 543635 - Clarification On News Item Which Appeared In The
'Www.Thehindubusinessline.Com' Dated September 30, 2026 Captioned 'Ontario Contributes $1.7 Million Investment To Advance Life Sciences Innovation At Piramal Pharma'S Aurora Facility.'
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1st October, 2026
BSE Limited
P.J. Towers, Dalal Street, Fort,
Mumbai- 400 001
BSE scrip code: 543635
Kind Attention: Mr. Sagar Darra
Sub: Clarification on news item which appeared in the “www.thehindubusinessline.com”
dated September 30, 2026 captioned “Ontario Contributes $1.7 Million Investment to
Advance Life Sciences Innovation at Piramal Pharma’s Aurora Facility.”
This is with reference to your email dated September 30, 2026 seeking clarification on the news
item titled Ontario Contributes $1.7 Million Investment to Advance Life Sciences Innovation
at Piramal Pharma's Aurora Facility.
In this regard, we wish to clarify that the news item pertains to funding support received by the
Company's Aurora facility from the Government of Ontario under the Life Sciences Scale-Up
Fund (LSSUF) program, which aims to support innovative Ontario-based life sciences
companies in scaling their operations and responding to procurement opportunities.
The funding is intended to support infrastructure upgrades, site modernization, operational
efficiency, sustainability initiatives, and other enhancement projects at the Aurora facility. The
project is also expected to contribute to employment generation and retention, support
innovation and commercialization initiatives, and strengthen the broader life sciences and
biomanufacturing ecosystem in Ontario.
The funding support does not constitute a material event or information requiring disclosure
under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as it is not expected to have a material impact on the Company's operations,
financial position, or performance.
Piramal Pharma Limited
CIN: L24297MH2020PLC338592
Registered Office: Ananta Building, Piramal Corporate Park, Opp. Fire Brigade, Kamani Junction, LBS Marg, Kurla, Mumbai - 400070
T: +91 22 3802 3000 / 4000; Email: shareholders.ppl@piramal.com
www.piramalpharma.com
We further clarify that the movement in the price and/or volume of the shares of the Company,
if any, appears to be driven by market dynamics. The Company is not aware of any specific
reason or information that may have resulted in such movement.
Kindly take the above clarification on record.
Yours truly,
For Piramal Pharma Limited
Maneesh Sharma
Company Secretary & Compliance Officer
Piramal Pharma Limited
CIN: L24297MH2020PLC338592
Registered Office: Ananta Building, Piramal Corporate Park, Opp. Fire Brigade, Kamani Junction, LBS Marg, Kurla, Mumbai - 400070
T: +91 22 3802 3000 / 4000; Email: shareholders.ppl@piramal.com
www.piramalpharma.com