Shriram Finance shareholders approve four billion dollar stake sale to MUFG
Shriram Finance shareholders approved three proposals for MUFG to buy a 20 percent stake for $4.4 billion. This is India's largest cross-border financial deal.
Insights:
Shareholders of Shriram Finance Limited on Wednesday, January 14, 2026, voted overwhelmingly to approve three critical proposals that facilitate the acquisition of a 20 percent stake in the non-bank lender by Mitsubishi UFJ Financial Group Inc . This transaction, valued at $4.4 billion, marks the largest cross-border investment ever recorded in the financial sector of India 
IN. The strategic capital infusion follows an agreement signed between the two parties in December 2025 and signals strong market confidence in the expanding financial services landscape of the region.
IN. The strategic capital infusion follows an agreement signed between the two parties in December 2025 and signals strong market confidence in the expanding financial services landscape of the region.The voting results reflected broad investor support for the partnership with the Japanese financial giant. The resolution for the issuance of shares to Mitsubishi UFJ Financial Group Increceived approval from 98.5 percent of shareholders, while the proposal regarding board nomination rights for the new investor was passed with 99.5 percent support. Additionally, a one-time payment of $200 million to the Shriram Finance ownership trust was approved by 91.9 percent of the voting shareholders, securing the final component of the deal structure.
