Piramal Enterprises Ltd. to Cover Cost for COVID-19 Vaccination for All its Employees and Family Members

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Mumbai, India | March 15, 2021: Piramal Enterprises Limited (‘PEL’, NSE: PEL, BSE: 500302, 912460) today announced that it will absorb the cost of COVID-19 vaccination for all its employees and their immediate family members that are eligible and choose to receive the vaccination in India. The company has also set up virtual vaccine helpdesks across its offices in India to address employee queries on the vaccination including enabling registrations, information on vaccination centres, etc. Opting for the vaccine is at the discretion of employees and they are urged to make an informed decision for themselves and their family.

“Driven by our values, we believe that employees are our greatest assets, and we remain committed to ensuring their wellbeing and welfare. We are happy to absorb the cost of the COVID-19 vaccination, as well as to support them through the process, should they choose to get vaccinated.” said Nandini Piramal, Executive Director, Piramal Enterprises Limited.

Piramal Group’s core values of Knowledge, Action, Care and Impact have been an integral part of the Company’s guiding philosophy of ‘Doing Well and Doing Good’. In line with this philosophy, the Company has undertaken this initiative to help about ~27000 employees and their families get vaccinated free of cost, encouraging more people towards a safer future.