Shriram Asset Management Company Ltd — Important, 17-10-2025: Company Update
17-10-2025 | 05:30 pm
17-10-2025 | 05:30 pm
Shriram Asset Management Company has completed its previously announced investment in MF Utilities India Private Limited. The company subscribed to 500,000 equity shares at ₹9.93 each, totaling an investment of ₹0.50 Crore. This acquisition represents a 2.22% stake in MF Utilities India's post-private placement capital. This strategic move strengthens Shriram AMC's position by increasing its involvement in a key utility provider for the mutual fund industry, potentially enhancing its operational reach and industry presence for shareholders.
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