The board of Shriram Finance at its meeting held on 19 December 2025 has approved raising up to Rs 39,617.98 crore from MUFG Bank (investor), a company incorporated under laws of Japan, by way of issuance of 47,11,21,055 fully paid up equity shares of face value of Rs 2 each at a price of Rs 840.93 per subscription share, through preferential issue on a private placement basis. The subscribed shares to be issued and allotted by the company and subscribed by the investor shall represent a minority investment of 20% of the post-issue share capital of the company on a fully diluted basis. Upon completion of the transaction, the investor will be classified as a public shareholder of the company.
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