Shriram City Union Finance has informed that the Company had on October 12, 2021 subscribed 6,66,66,667 number of equity shares of face value of Rs 10 each priced at Rs 45 per share (including premium of Rs 35 per share) aggregating to Rs 3,00,00,00,015 in Rights Issue offered by Shriram Housing Finance (SHFL), subsidiary of the Company. After allotment of shares by SHFL in response to this subscription, the Company's holding in SHFL will be 85.02% of equity capital of SHFL. This is an intimation under applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 as amended from time to time.
The information is part of company’s filing submitted to the BSE.
