Acquiring Company
L&T Finance
Acquired Company
Paul Merchants Finance Private Limited
MumbaiChandigarhFinancial ServicesFinanceFintechLendingBankingFinancial ServicesFinanceDescription
L&T Finance has completed the acquisition of the gold loan business from Paul Merchants Finance. This acquisition includes PMFL's 130 branches and a gold loan book valued at Rs. 1,350 crore. The move is aimed at expanding LTF's product offerings and strengthening its position in the financial market. It aligns with LTF's strategy to enhance customer engagement and product range.
Who to call at L&T Finance, and when
When L&T Finance changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day L&T Finance raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at L&T Finance, from your own LinkedIn network
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Fundz sees it the moment L&T Finance makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Paul Merchants Finance Private Limited?
Paul Merchants Finance Private Limited was acquired by L&T Finance , based in Mumbai. The deal was reported on June 9, 2025. L&T Finance is one of the leading NBFCs offering a range of loans across Rural | Housing | Two-Wheeler | Personal & Business (SME) The company is promoted by Larsen and Toubro Ltd. L&T Finance is privately held and operates in Financial Services.
When did L&T Finance acquire Paul Merchants Finance Private Limited?
L&T Finance 's acquisition of Paul Merchants Finance Private Limited was reported on June 9, 2025. L&T Finance has completed the acquisition of the gold loan business from Paul Merchants Finance. This acquisition includes PMFL's 130 branches and a gold loan book valued at Rs. 1,350 crore. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Paul Merchants Finance Private Limited do?
Paul Merchants Finance Private Limited is a financial services provider that specializes in various lending solutions including loans and corporate financing. The company has established a strong presence in the retail and corporate finance sectors. It is privately held, operating in Financial Services, and is based in Chandigarh.
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