Announced Fri, 17 Oct · 17:30 IST

Pursuant to Regulation 30 of SEBI LODR Regulations, 2015, please find attached disclosure w.r.t. update on acquisition of Equity Shares of MF Utilities India Private Limited.

Listed Co AcquisitionStrategic Transactions View source PDF

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AI summary

Shriram Asset Management Company has completed its previously announced acquisition of 5,00,000 equity shares in MF Utilities India Private Limited, a mutual fund utility platform. The shares have a face value of ₹1 each and were acquired at ₹9.93 per share, taking the total investment to approximately ₹49.65 lakhs. This gives Shriram AMC a 2.22% stake in MF Utilities on a post-private-placement basis. The investment was first announced on July 2, 2025, and has now been formally completed.

Likely market impact

This is a small strategic investment of under ₹50 lakhs and gives only a minor 2.22% stake, so it is unlikely to have any meaningful impact on Shriram AMC's financials or share price. It signals the company's participation in the broader mutual fund infrastructure ecosystem through MF Utilities.