Shriram Finance announced the appointment of two senior MUFG Bank executives as Non-Executive Non-Independent Directors to its Board, effective April 24, 2026. The appointments follow the strategic investment agreement executed between the Company and MUFG Bank on December 19, 2025, which involved the allotment of 47,11,21,055 equity shares to MUFG.

Director Appointments

The Board approved the appointment of Mr. Morihiko Fuji (DIN 11544762) and Mr. Shinichi Fujinami (DIN 11545464) as Additional Directors in the category of Non-Executive and Non-Independent Directors. Both appointees are nominees of MUFG Bank, Ltd., which is now a public shareholder in the Company. The appointments are subject to approval by Members of the Company at the next general meeting or within three months from the date of appointment, whichever is earlier.

Director Profiles

Mr. Morihiko Fuji is a senior banking professional with over two decades of experience at MUFG Bank, Ltd., Japan. He currently serves as Managing Director and Head of Global Commercial Banking Planning Division since April 2026. Previously, he held positions as Managing Director and Head of Business Development Office Corporate Planning Division. His experience encompasses corporate planning, internal management oversight, governance, risk management, and group-wide M&A strategy.

Mr. Shinichi Fujinami serves as Head of the Japanese Corporate Banking Division for the Americas (U.S. West) and Head of the Los Angeles Branch at MUFG, covering the bank's business with Japanese corporate clients on the U.S. West Coast. With over two decades in banking, he has focused on corporate banking, planning, and strategy. He joined Bank of Tokyo-Mitsubishi in 1999 and has held various strategic roles in corporate banking and planning divisions in Japan and the United States. He was also seconded to Union Bank, U.S. (2013-2018), responsible for financial and strategic planning and M&A execution.

Regulatory Compliance

The appointments were approved by the Board based on the recommendation of the Nomination and Remuneration Committee at their meeting held on April 24, 2026. The Board meeting commenced at 11:30 A.M. and concluded at 2:55 P.M. The disclosure has been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A and Part B of Schedule III of the Listing Regulations.

Both directors have confirmed they are not related to any other Director of the Company and are not debarred from holding the office of Director by virtue of any SEBI order or any other authority.

Source: BSE Limited, National Stock Exchange of India Limited

Shriram Finance has approved a comprehensive resource mobilisation plan for the financial year 2026-27, marking a significant step in the company's strategic financial planning. The plan includes debt issuance as a key component of its funding strategy.

Resource Mobilisation Strategy

The approved plan represents the company's proactive approach to securing adequate financial resources for its operations and growth initiatives. By planning ahead for FY2026-27, Shriram Finance demonstrates its commitment to maintaining strong liquidity and capital adequacy.

Debt Issuance Component

As part of the resource mobilisation plan, the company has included debt issuance as a strategic funding mechanism. This approach allows the company to diversify its funding sources and optimize its capital structure to support business operations and expansion plans.

Strategic Implications

The approval of this comprehensive funding plan positions Shriram Finance to meet its anticipated capital requirements for FY2026-27. This forward-looking financial planning approach enables the company to ensure adequate resources are available to support its business objectives and operational needs in the upcoming fiscal year.