The bid by Piramal Enterprises Limited (BSE:500302) to pick up a stake in Shriram Capital Limited will be fructified this quarter, a top official from the diversified financial group has said. “We have been talking to him (Piramal) and we believe this quarter the deal should happen. The issue is more on how much percentage of stakes we should give to him.

But in this quarter it will be definitely concluded", said GS Sundararajan, Group Director at Shriram Group, told PTI.