Shriram Finance Limited received listing and trading approval from NSE and BSE for 47,11,21,055 equity shares allotted to MUFG Bank Ltd. on a preferential basis. The shares were issued at Rs.838.93 each, totaling approximately ₹3,952.38 Crore. Trading will commence on April 13, 2026, with lock-in restrictions until October 2026.
MUFG Bank has completed a ₹39,618 Crore investment in Shriram Finance Limited through a preferential issue, acquiring a 20.0% equity stake. This transaction marks the largest cross-border investment in India's financial services sector, strengthening Shriram Finance's capital base for long-term growth and MSME expansion.
Shriram Finance Limited has allotted 47,11,21,055 equity shares to MUFG Bank Ltd via a preferential issue priced at Rs. 840.93 per share. This strategic investment of approximately ₹39,618 Crore results in MUFG Bank holding 20.00% of the company's post-allotment equity capital.