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Shriram Finance to stay under group’ s control
Hindustan Times Ranchi
|December 23, 2025
Indian financial conglomerate Shriram Group will continue to hold control over the board and management of Shriram Finance Ltd
MUFG acquired 20% in Shriram Finance for $4.4 bn.
(ISTOCKPHOTO)
Indian financial conglomerate Shriram Group will continue to hold control over the board and management of Shriram Finance Ltd, India’s second largest non-banking finance company by assets managed, after Japan's MUFG Bank completes its $4.4 billion investment for a 20% stake in the Chennai-headquartered business, company executives on both sides said on Monday.
MUFG will be classified as a minority public shareholder with board and management control vested with the Shriram Group, said Parag Sharma, managing director (MD) & chief executive officer (CEO), Shriram Finance, at a press conference.
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