Proxy Advisors Support Shriram-MUFG Deal

Three big companies that give advice to shareholders, called proxy advisory firms, have said that shareholders of Shriram Finance should say yes to a big deal with MUFG Bank.

The deal is about MUFG Bank investing a lot of money (₹39,618 crore) in Shriram Finance.

This money will help Shriram Finance grow and pay off some of its debts.

The deal also includes some special rights for MUFG Bank.

The shareholders will vote on this deal in a meeting between January 11 and 13, 2026.

The proxy advisory firms think this deal is good because it will make Shriram Finance stronger and more valuable for its shareholders.

The deal might make the shares a bit less valuable for existing shareholders, but the advisors think the long-term benefits are worth it.

The deal will also help Shriram Finance follow better rules and keep the control with the original owners.