MUFG has invested nearly ₹40,000 crore to acquire a 20% stake in Shriram Finance, buying 47.1 crore shares at ₹840.93 per share.
MUFG, Japan’s leading financial group, has announced a major investment in Shriram Finance by acquiring a 20 percent stake in the company. The investment is valued at approximately ₹40,000 crore, marking one of the largest foreign investments in India’s NBFC sector.
As part of the deal, MUFG acquired around 47.1 crore shares of Shriram Finance at a floor price of ₹840.93 per share. The transaction strengthens MUFG’s presence in the Indian financial services market and highlights global investor confidence in Shriram Finance’s long-term growth prospects.
The strategic investment is expected to support Shriram Finance’s expansion plans and enhance its capital position, while also deepening MUFG’s footprint in India’s fast-growing credit market.