Shriram Finance Limited has announced a major capital infusion, allotting 47,11,21,055 equity shares to MUFG Bank Ltd. on a preferential basis. This strategic move, finalized on April 08, 2026, grants MUFG Bank a 20.02% stake in the company. The shares were issued at a price of INR 840.93 per share, including a significant premium, bolstering the company’s equity base to support future growth and operations.
Strategic Capital Infusion
In a significant development for Shriram Finance Limited, the board of directors has approved the preferential allotment of 47,11,21,055 equity shares to MUFG Bank Ltd.. This transaction, executed on April 08, 2026, represents a major strategic investment that aligns the financial institution with a global banking partner.
Transaction Details
The equity shares were issued at a price of INR 840.93 per share, which includes a premium of INR 838.93 over the face value of INR 2/- per share. Following this issuance, the total equity share capital of the company has increased from INR 376,31,30,742 to INR 470,53,72,852, reflecting the company’s strengthened financial position.
Impact on Shareholding
With this allotment, MUFG Bank Ltd. now holds a 20.02% interest in the total share capital of Shriram Finance. The dilution impact on the total share capital, including employee stock options, results in the acquirer holding 20.00% of the total diluted share capital. This capital raise provides Shriram Finance with additional resources to expand its lending operations and reinforce its market position.
Source: BSE
