Shriram Finance Limited has issued a clarification regarding a news article published on December 17, 2025, in www.livemint.com, which speculated about a potential investment of up to $5 billion by Japan's MUFG for a 20% stake. The company stated that it had previously intimated the stock exchanges on December 16, 2025, about a Board Meeting scheduled for December 19, 2025, to consider proposals for raising funds through various avenues. Citing SEBI circulars on verification of market rumors, Shriram Finance noted that no confirmation, denial, or clarification is required during the period between a pre-intimation of a Board meeting and its conclusion. Shriram Finance confirmed that as of the current date, no binding agreement, arrangement, or understanding has been executed with any investor that warrants disclosure. The company also stated that there is no information, other than what has been disclosed, that requires disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has closed its trading window for designated persons from December 17, 2025, to comply with corporate governance practices. Shriram Finance also clarified that the article has no material impact on the company.