Piramal Enterprises Limited informed that Mr. Vikram Bector who was the President and Group Chief Human Resources Officer and a Senior Management Personnel of Piramal Enterprises Limited (`Company'), has ceased to be an employee with effect from the closing hours of 29th September 2023. Further, Mr. Manjul Tilak designated as Chief Human Resources Officer, Financial Services shall form part of the Senior Management Personnel (`SMP') of the Company with effect from 1st October 2023. Mr. Manjul Tilak is a seasoned professional with close to 27 years of HR experience, spanning Manufacturing and Financial Services sectors.

He started his career with Triveni Engineering, from where he moved to The India Today Group. Prior to Piramal Enterprises Limited, he spent 17 years with the Kotak Mahindra Group, with stints in their Life Insurance, Wholesale and Consumer Banking businesses. Mr. Manjul Tilak is an engineer from National Institute of Technology, Jalandhar, and has a Masters in Personnel Management & Industry Relations from University Business School, Panjab University, Chandigarh.