Shriram Finance Limited has announced that the Competition Commission of India (CCI) has approved the proposed investment by MUFG Bank Ltd. The approval pertains to the issuance of 47,11,21,055 equity shares to MUFG Bank, as part 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, which was executed on December 19, 2025, outlines the terms of the proposed transaction between Shriram Finance and MUFG Bank. The consummation of this transaction remains subject to certain conditions precedent as specified in the investment agreement.
This strategic investment by MUFG Bank is expected to strengthen Shriram Finance’s financial position and enhance its growth prospects. The approval from the CCI marks a significant step forward in the completion of this transaction.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).