Site icon InvestyWise

Shriram Finance: Clarification on Mainstream Media Speculation

Shriram Finance has issued a clarification regarding a potential majority stake sale, following an email from mainstream media. The company stated that it is not aware of any potential majority stake sale, terming the media reports as speculation. Shriram Finance explicitly denied having any knowledge of such negotiations. This announcement was made on September 30, 2025.

Rumor Clarification

Shriram Finance has responded to media speculation regarding a potential majority stake sale of the company. The company explicitly clarified that it is unaware of any such potential sale to a third party, responding to speculation circulating in the mainstream media.

Official Statement

In a statement released on September 30, 2025, Shriram Finance stated it has received an email from the mainstream media seeking clarification with regard to the potential majority stake sale. The company clarified that it has categorically denied any knowledge of any such stake sale to any party and views the reports as speculative.

Furthermore, Shriram Finance clarified that no shareholder has approached the company expressing intentions to sell shares. The company reiterated its commitment to transparency and urged the public to disregard any misleading information circulating in the media.

Source: BSE

Exit mobile version