Shriram Finance Limited — Board Meeting, 06-05-2025: Outcome of Board Meeting

Shriram Finance has announced a board meeting approving the acquisition of 100% stake in Shriram Overseas Investments Pvt Ltd at Rs. 50.12 Cr (Rs. 158.28/share). SOIPL, a non-banking finance firm with Rs. 3.26 Cr turnover last fiscal, will get phased equity infusion up to Rs. 500 Cr to scale its new primary dealership business. Key Shriram Finance leaders will join SOIPL’s board, backing growth into fixed income markets and broadening Shriram’s financial services presence.