Shriram Finance Limited has issued a clarification regarding recent reports published by Moneycontrol, stating that the information is factually incorrect. The company has categorically denied the claims made in the news article dated November 3, 2025.

Market-Driven Price Movement

In a filing to the stock exchanges, Shriram Finance emphasized that the increase in its share price observed on November 3, 2025, was entirely market-driven. The company stated, "The Management of the Company neither has any control nor has any knowledge of the reasons for this increase in the market price of its equity shares."

Previous Clarification

The company pointed out that it had already issued a clarification on October 1, 2025, pursuant to Regulation 30(11) of the Listing Regulations, denying mainstream media reports on the same subject matter.

Commitment to Transparency

Shriram Finance reaffirmed its commitment to good corporate governance practices, stating, "The Company follows good corporate governance practices and any material information requiring it to make disclosures under the applicable regulatory requirements will be promptly disseminated by the Company to the Stock Exchanges."

Regulatory Compliance

The clarification was issued in response to letters from BSE Limited and the National Stock Exchange of India Limited, seeking confirmation on the news item appearing on Moneycontrol's website. Shriram Finance's response aligns with its obligations under Regulation 30(11) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This latest statement from Shriram Finance underscores the importance of relying on official company disclosures and regulatory filings for accurate information about market movements and corporate actions.

Shriram Finance , a leading non-banking financial company (NBFC) in India, is reportedly in advanced discussions with Mitsubishi UFJ Financial Group (MUFG), one of Japan's largest banking groups, regarding a potential acquisition of a 20% ownership stake. This potential deal could mark a significant move in the Indian financial services sector.

Key Points of the Potential Deal

• Stake Size: MUFG is reportedly looking to acquire a 20% ownership stake in Shriram Finance.
• Status: The talks are currently in progress, with both financial entities engaged in ongoing discussions.
• Implications: This move could potentially strengthen MUFG's presence in the Indian market and provide Shriram Finance with access to global expertise and capital.

About Shriram Finance

Shriram Finance, formerly known as Shriram Transport Finance Company, is a prominent NBFC in India. The company has a strong presence in vehicle financing and small business loans.

Recent Corporate Actions

According to the latest LODR (Listing Obligations and Disclosure Requirements) data, Shriram Finance has recently undertaken several corporate actions:

1. Board Meeting: The company held a board meeting to discuss and approve various resolutions through postal ballot.

2. Key Appointments:

   • Mr. Jugal Kishor Mohapatra (DIN 03190289) is being considered for re-appointment as an Independent Director for a second term.
   • Mr. Parag Sharma (DIN 02916744) is proposed for re-appointment as the Managing Director and CEO effective December 5, 2025.
   • Mr. Sundar Subramanian (DIN 08189901) is being considered for appointment as a Director and subsequently as a Whole-time Director with remuneration.

3. Debt Securities: The company is seeking to refresh the limit for issuing debt securities on a private placement basis.

Potential Impact

If the deal between MUFG and Shriram Finance materializes, it could have several implications:

1. Global Expertise: Shriram Finance could benefit from MUFG's global banking experience and expertise.
2. Capital Infusion: The deal might lead to a significant capital infusion into Shriram Finance, potentially strengthening its financial position.
3. Market Expansion: For MUFG, this could represent a strategic move to expand its footprint in the growing Indian financial services market.

As discussions are ongoing, both companies have not made any official statements regarding the potential deal. Investors and market watchers will be keenly observing the developments in this potential strategic partnership between a major Japanese financial group and one of India's leading NBFCs.

Note: This article is based on the latest available information. The potential deal is still in the discussion phase, and the final outcome may vary.