Shriram Finance board to meet Friday to consider raising funds

Shriram Finance board to meet Friday to consider raising funds


The announcement comes amid expectation that the non-bank lconcludeer is wanting to onboard a foreign investor to improve its credit rating.

The announcement comes amid expectation that the non-bank lconcludeer is wanting to onboard a foreign investor to improve its credit rating.

The board of Shriram Finance will meet on Friday to consider the proposal of raising of funds by way of rights issue, preferential allotment, qualified institutions placement, among others, according to an exalter filing.

“Further, in accordance with the Securities and Exalter Board of India (Prohibition of Insider Trading) Regulations, 2015 as amconcludeed from time to time and the Company’s Prohibition of Insider Trading Code, the Trading Window for dealing in the Securities of the Company shall remain closed for all Designated Persons from Wednesday, December 17, 2025 till 48 (forty-eight) hours from the date of stated Board Meeting,” the notice stated.

The announcement comes amid expectation that the non-bank lconcludeer is wanting to onboard a foreign investor to improve its credit rating.

Foreign investors

Earlier this week, businessline reported that Shriram Finance is in talks with potential investors including MUFG, Sanlam Group, Abu Dabhi Investment Authority (ADIA), Temasek, among other foreign investors to sell 5-15 per cent stake in the NBFC.

“Having successfully merged Shriram Capital and Shriram City Union Finance with parent company in FY23, the NBFC was expecting a rating upgrade. However, despite posting sustained profits, the company’s credit ratings have remained largely the same. Accordingly, they are having exploratory talks with nearly half a dozen foreign investors to sell up to 15 per cent stake at a little premium to current share price,” a source aware of the development stated.

Shares of Shriram Finance concludeed trading 2 per cent higher at ₹854 apiece on the BSE today.

Published on December 17, 2025



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