This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
MUFG To Acquire 20% Stake in Shriram Finance
November 4, 2025
Mitsubishi UFJ Financial Group (MUFG) is in advanced talks to acquire a 20% stake in Shriram Finance Limited for $3.5–4bn through a fresh capital infusion. This could be 2025’s largest deal in the Indian non-banking financial services sector space. The proposed deal would grant MUFG two board seats and a first right to participate in future capital raises, potentially allowing it to raise its stake to up to 51% over time. The transaction is expected to be priced at INR 760–780 per share, with Shriram Finance’s stock having gained 21% in the past month. The company is also undergoing a leadership reshuffle. If finalized, the deal would mark a major vote of confidence in Shriram Finance following Piramal Group’s exit in 2023. Shriram Finance has not confirmed the development, with its spokesperson and executives stating that discussions on capital raising are ongoing but not yet finalized.
Shriram’s dollar bonds traded stable with its 6.625% 2027s at 102.35, yielding 4.94%.
For more details, click here
Go back to Latest bond Market News
Related Posts:
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.