Shriram Finance has successfully completed its preferential share allotment to MUFG Bank Ltd., with the Board of Directors formally approving the transaction on April 8, 2026. The company has now received final listing and trading approval from both stock exchanges, marking the completion of this landmark strategic partnership.

SEBI Regulatory Disclosure Filing

MUFG Bank Ltd., along with its subsidiaries Mitsubishi UFJ Trust and Banking Corporation and Mitsubishi UFJ Asset Management Co., Ltd., filed comprehensive regulatory disclosures with BSE Limited and National Stock Exchange of India Limited on April 10, 2026. The disclosure was signed by Hidetoshi Fuwa, Managing Director and Deputy Head of Credit Policy & Planning Division of Mitsubishi UFJ Financial Group, Inc.

Stock Exchange Approval and Trading Commencement

Shriram Finance has received listing and trading approval for the 47,11,21,055 equity shares allotted to MUFG Bank Ltd. from both NSE and BSE. The approvals were granted through letters bearing reference numbers NSE/LIST/54504 and LOD/PREF/SV/87/2026-2027 respectively, both dated April 10, 2026.

Board Meeting Outcome and Share Allotment

The Board of Directors approved the allotment of substantial equity shares to MUFG Bank through this preferential offering. The company's board meeting, which commenced at 10:00 A.M. and concluded at 10:30 A.M., confirmed the allotment details:

Shareholding Structure Impact

The preferential issue has significantly altered the company's shareholding structure and capital base. The MUFG group, through its various entities, now holds a combined stake of 20.11% in Shriram Finance Limited:

Strategic Partnership Framework

The transaction is executed under the Investment Agreement dated December 19, 2025, between Shriram Finance and MUFG Bank Ltd. The allotted equity shares rank pari-passu with existing equity shares of the company. MUFG Bank, incorporated under Japanese laws with its registered office at 1-4-5, Marunouchi, Chiyoda-ku, Tokyo, Japan, brings significant international banking expertise to this partnership.

Executive Leadership Statements

Umesh Revankar, Executive Vice Chairman of Shriram Finance, emphasized the strategic importance of this collaboration: "This marks the successful culmination of a landmark transaction and the beginning of a long-term strategic collaboration with MUFG. We believe this collaboration will open new avenues for innovation, enhance access to diversified and cost-effective funding, and support the adoption of global best practices in risk management and governance."

Junichi Hanzawa, President and Group CEO of MUFG, highlighted the investment's significance: "We are very pleased to commence our strategic collaboration with SFL. SFL is a leading financial institution in India with a strong business foundation and significant growth potential in the MSME and retail segments. This investment represents an important step that underscores MUFG's long-term commitment to the Indian market."

Shriram Finance Ltd. witnessed a substantial block trade on the National Stock Exchange (NSE), with the transaction valued at Rs. 41.75 crores. The large-scale trade reflects significant institutional activity in the financial services company's shares.

Transaction Details

The block trade encompassed approximately 407,340 shares of Shriram Finance, executed at a price of Rs. 1024.95 per share. Block trades are typically conducted by institutional investors and represent large-volume transactions that are executed outside the regular market to minimize price impact.

Market Significance

Block trades often indicate institutional investor activity, including mutual funds, insurance companies, or foreign institutional investors. Such transactions can represent portfolio restructuring, stake building, or divestment activities by large investors. The execution of this trade at Rs. 1024.95 per share provides insight into the institutional valuation of Shriram Finance shares at the time of the transaction.

The substantial transaction value of Rs. 41.75 crores demonstrates the scale of institutional interest in the financial services sector, particularly in non-banking financial companies like Shriram Finance.