Shriram Finance and MUFG Deal Expected to Finalise by March-April 2026

Shriram Finance Ltd, a non-banking financial company (NBFC), expects to complete its equity transaction with Mitsubishi UFJ Financial Group (MUFG) by March or April 2026.  

The finalisation process follows the announcement of an upcoming extraordinary general meeting (EGM) in January 2026. 

Transaction Timeline and Corporate Meeting 

Shriram Finance’s MD and CEO, Parag Sharma told The Hindu, that the company is scheduling an extraordinary general meeting for mid-January. This EGM is anticipated to play a vital role in moving the MUFG stake transaction towards closure. 

The timing indicates that the process is likely to reach completion within 2 to 3 months post-EGM, suggesting a finalisation timeframe of March or April 2026. 

Background of MUFG’s Investment in Shriram Finance 

The MUFG Group announced plans to invest in Shriram Finance by acquiring a minority stake. This move aligns with MUFG’s strategic interest in expanding its presence in Indian financial services through equity partnerships with local institutions. 

The proposed investment is part of a broader partnership initiative, which includes synergies in areas such as lending, technology integration, and financial product development. 

Structural Integration Following Merger 

This equity deal follows the recent amalgamation of Shriram City Union Finance and Shriram Capital Ltd into Shriram Finance Ltd. The consolidation created a unified and larger NBFC entity, facilitating increased participation from institutional investors such as MUFG. 

Read More: Shriram Finance Rules Out Banking Licence Plans! 

Next Steps in Regulatory and Shareholder Approvals 

Before transaction completion, Shriram Finance will rely on shareholder consent and may require clearance from regulatory authorities, depending on stake size and transaction specifics. The EGM is expected to address these matters. 

Following the EGM, the deal is expected to progress through documentation and funding stages before finally closing by the end of April 2026. 

Shriram Finance Share Price Performance  

As of December 24, 2025, at 1:38 PM, Shriram Finance share price on NSE was trading at ₹974.55 up by 1.75% from the previous closing price. 

Conclusion 

Shriram Finance is moving forward with its transaction involving MUFG, with major milestones expected between January and April 2026. The progress reflects a structured approach to institutional collaboration and regulatory compliance. 

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