Shriram Finance to hold press meet on December 22
pre-market1 source ↓written by the desknot a recommendation
- to discuss strategic
- 22 December
- in the company
- 20% stake
- investment of approximately
- $4.5 billion to $5 billion
Shriram Finance will hold a press conference on 22 December to discuss strategic updates and future business plans. This follows reports that Mitsubishi UFJ Financial Group is planning to acquire a 20% stake in the company for an investment of approximately $4.5 billion to $5 billion. This move indicates increasing international interest in India's retail finance sector.
Not investment advice. For informational purposes only.