At NSE, shares plunged 17.94 per cent to a multi-year low of Rs 67.
As on March 31, 2019, Piramal Enterprises held 2.26 cr shares amounting to 9.96 pc stake in Shriram Transport Finance Company.
The Wadhawan family, the promoters of the company, currently holds close to 40 per cent stake in the company.
Stock exchanges will impose restrictions on trading in Jet Airways shares from June 28.
The 2019 Plan will be effective on and from the date of receipt of approval of the shareholders.
Total income during the quarter rose to Rs 11,586.58 crore as against Rs 9,322.36 crore.