The Exchange has sought clarification from Shriram Finance Limited with respect to recent news item captioned MUFG in advanced talks with Shriram Finance for a 20% stake. The response from the Company is attached.
SHRIRAMFIN · price
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NSE and BSE asked Shriram Finance to clarify a Moneycontrol news report that MUFG was in advanced talks to buy a 20% stake in the company. Shriram Finance has categorically denied the news, calling it factually incorrect. The company stated that the rise in its share price on November 3, 2025 was purely market-driven and management has no knowledge of any such deal. This is the second time the company has denied similar reports, having issued a similar clarification on October 1, 2025.
Investors who bought the stock on the basis of the MUFG stake news should be cautious — the company has firmly denied the report. Short-term volatility in the share price is possible as the market digests this denial.