Shriram Finance hits 52-week high on CCI nod to ₹4,630-cr deal with Warburg Pincus
SFL will receive ₹3,900 cr from the sale of its investment in the subsidiary, resulting in an increase in CRAR by around 80 bps
SFL will receive ₹3,900 cr from the sale of its investment in the subsidiary, resulting in an increase in CRAR by around 80 bps
The Shriram group flagship will sell its entire 85% stake in Shriram Housing Finance (SHFL) to Warburg Pincus for ₹4,630 crore.
Shriram Finance holds a controlling stake in SHFL while private equity firm Valiant Partners L.P., Mauritius, holds the remaining ownership.
The emergence of Shriram Housing Finance as one of the top three players in the affordable housing finance space