Shriram Finance to seek shareholder approval for ₹39,617 crore preferential issue to MUFG Bank.

Shriram Finance Limited has announced an Extra-Ordinary General Meeting (EGM) scheduled for January 14, 2026, to be held via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The primary purp...

Shriram Finance Limited has announced an Extra-Ordinary General Meeting (EGM) scheduled for January 14, 2026, to be held via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The primary purpose of the EGM is to seek shareholder approval for a preferential issue of equity shares to MUFG Bank Ltd. This preferential issue involves the issuance of 47,11,21,055 equity shares at an issue price of ₹840.93 per share, aggregating to ₹39,617.98 crore (approximately $3.96 trillion). This issuance represents 20% of the company's post-issue equity share capital on a fully diluted basis. The company will also seek approval for special rights granted to MUFG Bank, including the right to nominate directors, maintain its proportionate shareholding through pre-emptive rights, and second personnel to Shriram Finance. Additionally, shareholders will vote on an ordinary resolution to approve a one-time, non-recurring payment of USD 200,000,000 (₹16,640 crore) to Shriram Ownership Trust, a promoter, for non-compete and non-solicit obligations. This payment is intended to safeguard the company's goodwill and protect shareholder interests. Remote e-voting will commence on January 11, 2026, and conclude on January 13, 2026. The cut-off date for determining voting eligibility is January 7, 2026.

Limitations of AI summaries

AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.

Platforms like Prysm provide stock-level and portfolio-level analysis.

Why is Shriram Finance Limited in the news today?

Shriram Finance Limited (SHRIRAMFIN) is in the news due to the preferential issue to a significant investor like mufg bank and the approval for non-compete obligations are positive developments for the company's growth and stability.

Equity FundraisingOther Corporate ActionsAGM
Shriram Finance LimitedSHRIRAMFINhttps://prysm.fi/v2/analyze/SHRIRAMFIN

AI-Powered Summary

Market Context

Top Queries

More News

Explore Prysm Tools

Related Stories

Shriram Finance to seek shareholder approval for ₹39,617 crore preferential issue to MUFG Bank.

December 23, 2025, 11:45 AM

AI Sentiment Analysis

Top Queries to Ask About Shriram Finance Limited

Shriram Finance Limited has announced an Extra-Ordinary General Meeting (EGM) scheduled for January 14, 2026, to be held via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The primary purpose of the EGM is to seek shareholder approval for a preferential issue of equity shares to MUFG Bank Ltd.

This preferential issue involves the issuance of 47,11,21,055 equity shares at an issue price of ₹840.93 per share, aggregating to ₹39,617.98 crore (approximately $3.96 trillion). This issuance represents 20% of the company's post-issue equity share capital on a fully diluted basis. The company will also seek approval for special rights granted to MUFG Bank, including the right to nominate directors, maintain its proportionate shareholding through pre-emptive rights, and second personnel to Shriram Finance.

Additionally, shareholders will vote on an ordinary resolution to approve a one-time, non-recurring payment of USD 200,000,000 (₹16,640 crore) to Shriram Ownership Trust, a promoter, for non-compete and non-solicit obligations. This payment is intended to safeguard the company's goodwill and protect shareholder interests.

Remote e-voting will commence on January 11, 2026, and conclude on January 13, 2026. The cut-off date for determining voting eligibility is January 7, 2026.

See What Deep Dive Gives You — in Seconds

“what happens when you click Deep Dive “

Instant AI Summary - “Get clean, noise-free earnings breakdowns.”

PDF Insights - “Download detailed, AI-generated reports.”

Metrics Explained -“Key ratios & trends explained in simple language.”

Want to know if this news pushes your stock up or down?

Just tap

deep dive

More News on Shriram Finance Limited

Discover more trending news on Prysm

View All