The investment is being made in line with the phrases outlined in the Investment Agreement dated December 19, 2025.
Shriram Finance on Wednesday mentioned it has obtained approval from the Competition Commission of India (CCI) for the proposed $4.4 billion investment by Japan’s MUFG Bank, which can purchase a 20 per cent stake in the corporate.
The transaction is among the many largest overseas direct investments in India’s monetary companies sector and includes the preferential allotment of 471 million fairness shares to MUFG Bank by a personal placement.
“We have been informed by the Investor that the Proposed Transaction has been approved by the Competition Commission of India (CCI) on March 25, 2026,” the corporate mentioned in a inventory trade submitting.
The investment is being made in line with the phrases outlined in the Investment Agreement dated December 19, 2025.
First Published: Mar 25 2026 | 9:47 PM IST