Shriram Finance Receives Listing Approval for Shares Allotted to MUFG Bank Ltd.
Shriram Finance Ltd announced that it has received listing and trading approval for 47,11,21,055 equity shares allotted to MUFG Bank Ltd. The approval was secured from both the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE).The allotment of the shares occurred following the company's Board Meeting held on April 8, 2026. During this meeting, the company authorized the preferential allotment of 47,11,21,055 Equity Shares of the Company to MUFG Bank Ltd.
These shares have a face value of Rs. 2/- each and were issued at a premium of Rs. 838.93 per share. The distinctive numbers of the allotted shares range from 1881565372 to 2352686426, inclusive.
The company confirmed that the listing and trading approval letters were received on April 10, 2026, bearing reference numbers NSE/LIST/54504 from the NSE and LOD/PREF/SV/87/2026-2027 from BSE.
The newly allotted equity shares are scheduled to be listed on NSE and BSE starting from April 13, 2026. These shares are subject to lock-in restrictions until October 13, 2026.
SHRIRAMFIN Stock Price Movement
Today, Shriram Finance Limited shares edged higher to close at ₹1027.55, marking a gain of 3.04%. The equity traded a total volume of 8.05 million shares during the session.Source:
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