Archive · 15 Jan 2026
Shriram Finance Shareholders Approve MUFG Deal
Shriram Finance is a big company that helps people with money.
They had a deal with MUFG Bank, a big bank from Japan.
The deal was for MUFG to buy a part of Shriram Finance.
The people who own parts of Shriram Finance, called shareholders, had to say yes to this deal.
They met and said yes to all the important parts of the deal.
This means MUFG will now own 20% of Shriram Finance for a lot of money, $4.4 billion.
The deal also includes some special rules and payments to the people who started Shriram Finance.
Shareholders of Shriram Finance approved all three resolutions proposed for the MUFG Bank deal in an EGM.
The deal includes MUFG acquiring a 20% stake in Shriram Finance for $4.4 billion.
Resolutions approved include issuance of equity shares to MUFG, special rights to the investor, and a payment to the Shriram Ownership Trust.
The approval was made in accordance with SEBI norms and involved a one-time payment for non-compete and non-solicit obligations.
The deal was signed last month, with the approval finalized on January 14, 2026.
- Who
- Shareholders of Shriram Finance
- What
- Approved the MUFG Bank deal
- When
- January 14, 2026
- Where
- Extraordinary General Meeting (EGM)
- Why
- To facilitate MUFG's acquisition of a 20% stake in Shriram Finance
- Company
- Shriram Finance
- Investor
- MUFG Bank
- Stake Acquired
- 20%
- Deal Value
- $4.4 billion
- Approval Date
- January 14, 2026
- Approval Type
- Majority approval in EGM
- Key Resolutions
- Issuance of equity shares, special rights to MUFG, payment to Shriram Ownership Trust
