Shriram Finance Limited — JV/Acquisition, 09-05-2025: Acquisition

Shriram Finance has acquired 100% of Shriram Overseas Investments Pvt Ltd for Rs.50.12 Cr, paying Rs.158.28 per share. SOIPL, with a turnover of Rs.3.26 Cr in FY25, will serve as Shriram’s platform to enter the Primary Dealership business, expanding its financial services beyond core lending. The deal also brings in SOIPL’s Singapore subsidiary and Bahrain associate, though these overseas assets are set for divestment soon. This acquisition signals Shriram’s strategic push into government securities underwriting, diversifying its revenue streams and enhancing its presence in capital markets.