MUFG Bank Ltd has subscribed to over 47.1 crore equity shares of Shriram Finance Limited, investing approximately Rs 3.96 lakh crore to acquire a 20 per cent stake in the company.
The investment, executed via a preferential allotment at Rs 840.93 per share, marks one of the largest cross-border deals in India’s financial services sector.
This strategic partnership is expected to strengthen Shriram Finance’s capital base and enable it to leverage MUFG’s global expertise in areas such as risk management, governance, and funding access.
The collaboration also reflects MUFG’s long-term commitment to India, particularly in expanding financial inclusion and supporting MSME and retail lending growth.
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