Shriram Finance Limited has announced that it has received approval from the Competition Commission of India (CCI) for a significant investment by MUFG Bank Ltd. The approval pertains to the proposed issuance of 47,11,21,055 equity shares to MUFG Bank by way of a preferential issue on a private placement basis. This development follows the outcome of a board meeting held on December 19, 2025, and subsequent intimations in January and February 2026.
The investment agreement, executed on December 19, 2025, between Shriram Finance and MUFG Bank, outlines the terms of the proposed transaction. With the CCI’s nod, the transaction has cleared a major regulatory hurdle. However, the completion of the transaction remains subject to certain conditions precedent as specified in the investment agreement.
The approval from CCI marks an important step in the strategic partnership between Shriram Finance and MUFG Bank, potentially enhancing the financial capabilities and market reach of Shriram Finance.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).