Shriram Fin concludes sale of housing loan arm
December 12, 2024
|The Morning Standard
SHRIRAM Finance, the flagship company of the Shriram group, on Wednesday announced the completion of the sale of its entire stake (84.44% of the shareholding on a fully diluted basis) in its housing finance subsidiary Shriram Housing Finance Limited (SHFL/Shriram Housing Finance) to Warburg Pincus, a global growth investor firm for a sale consideration of ₹3,929 crore.
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The sale of Shriram Finance's stake in Shriram Housing Finance is done to Warburg Pincus' affiliate - Mango Crest Investment Limited. The transaction marks a significant milestone, with all requisite approvals from regulatory authorities and
هذه القصة من طبعة December 12, 2024 من The Morning Standard.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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