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Shriram Finance sells 84.44% stake in ‘Shriram Housing Finance’

12 Dec 2024 Evaluate

Shriram Finance has successfully completed the sale of its entire stake (i.e., 84.44% of the shareholding on a fully diluted basis) in its housing finance subsidiary ‘Shriram Housing Finance’ (SHFL) to Warburg Pincus, a leading global growth investor firm for a sale consideration of Rs 3,929 crore.

The sale of Shriram Finance's stake in Shriram Housing Finance is done to Warburg Pincus’ affiliate - Mango Crest Investment. The transaction marks a significant milestone, with all requisite approvals from regulatory authorities and stakeholders duly secured.

With this transaction, SHFL is well-positioned to further expand its operations and accelerate its growth under Warburg Pincus’ ownership and guidance.

The sale aligns with Shriram Finance’s strategic priorities, allowing the Company to sharpen its focus on its core business segments and growth areas. This transition underscores Shriram Finance's commitment to creating value for its stakeholders while fostering long-term sustainability.

Shriram Finance (Formerly Shriram Transport Finance Company) is one of the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets.

Shriram Finance Share Price

1046.50 10.00 (0.96%)
20-Apr-2026 15:05 View Price Chart
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