Approval received from the Competition Commission of India
FinTech BizNews Service
Mumbai, March 25, 2026: MUFG Bank has today informed that its investment in Shriram Finance has received the Approval from the Competition Commission of India.
In a communication to the BSE and the NSE, Shriram Finance has today stated the following:
This is with reference to outcome of Board Meeting dated December 19, 2025 and intimations
dated January 14, 2026, February 03, 2026 and February 13, 2026 in connection with proposed
issuance of 47,11,21,055 Equity Shares of the Company to MUFG Bank Ltd (‘Investor’) by way
of a preferential issue on a private placement basis in terms of the Investment Agreement dated
December 19, 2025 executed between, among others, the Company and the Investor (‘Proposed
Transaction’).
We have been informed by the Investor that the Proposed Transaction has been approved by the
Competition Commission of India (CCI) on March 25, 2026.
Further, the consummation of the Proposed Transaction is subject to the conditions precedent as
mentioned in the Investment Agreement dated December 19, 2025 executed between, among
others, the Company and the Investor.
We request you to kindly take the information on record."
