Shriram Finance Limited announced that the Competition Commission of India (CCI) has approved the proposed investment by MUFG Bank Ltd. This investment involves the preferential allotment of 47,11,21,055 Equity Shares to MUFG Bank via a private placement, as outlined in the Investment Agreement dated December 19, 2025. The transaction remains subject to further conditions precedent specified in the original agreement.
Regulatory Milestone Achieved for Investment
Shriram Finance Limited confirms that a significant regulatory approval has been secured for the planned capital infusion by MUFG Bank Ltd. The company received official communication confirming that the Competition Commission of India (CCI) granted its approval for the transaction on March 25, 2026.
Details of the Proposed Transaction
This approval pertains to the Proposed Transaction, which was initially detailed following the Board Meeting on December 19, 2025. The core of the transaction involves the issuance of 47,11,21,055 Equity Shares of the Company to MUFG Bank Ltd (the ‘Investor’) through a preferential allotment on a private placement basis. This issuance is governed by the terms set out in the Investment Agreement executed between the parties on December 19, 2025.
Next Steps
While the CCI clearance is a major step, the consummation of the Proposed Transaction is contingent upon the fulfillment of all remaining conditions precedent as stipulated in the governing Investment Agreement. The Company requests that this development be taken on record.
Source: BSE
