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    Home»Finance»Shriram Finance shares gain ahead of December 19 board meet for fund raising
    Finance

    Shriram Finance shares gain ahead of December 19 board meet for fund raising

    December 18, 20252 Mins Read


    Shriram Finance said its board of directors will meet on Friday, December 19, to consider proposals for raising funds through a rights issue, preferential allotment, qualified institutional placement or any other permissible route.

    In line with this, the trading window for dealing in the company’s securities will remain closed for all designated persons from Wednesday, December 17, until 48 hours after the board meeting.

    Separately, Mitsubishi UFJ Financial Group Inc. is nearing a deal to acquire a minority stake in Shriram Finance, according to a Bloomberg report.

    The Japanese lender may invest more than ¥500 billion, or about $3.2 billion, to purchase around a 20% stake.

    The report said talks are at an advanced stage and an agreement could be reached as early as this week, though key details such as pricing and stake size may still change. It added that negotiations could also face delays or potentially fall through.

    Shriram Finance shares have risen nearly 50% so far this year, valuing the Mumbai based financial services company at about $18 billion.

    Responding to reports of a potential capital raise, executive vice chairman Umesh Revankar told CNBC-TV18 in a post results interaction that banks and NBFCs continuously evaluate options to raise resources. He said funding is essentially the sector’s raw material, which leads to multiple discussions, but only a confirmed and concrete plan is taken to the board.

    Shriram Finance operates across urban and rural markets, with a focus on lending for commercial vehicles, tractors and passenger cars, along with loans to small and medium sized enterprises.

    Shares of Shriram Finance Ltd closed 1.12% lower on Tuesday at ₹845.80. The stock is up 45% so far in 2025, marking its fifth straight year of positive returns.

    First Published: Dec 17, 2025 6:57 AM IST



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