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Business OverviewShriram Transport Finance Company Ltd is a part of the SHRIRAM Group conglomerate which has a significant presence in the financing business. STFC is engaged in the business of commercial vehicle financing mainly focusing on trucks from preowned to new ones. It's a Deposit-taking NBFC comprising 1,758 branches, 831 rural centers, and partnerships with ~500 private financiers.
Shriram Finance has infused Rs. 300.005 Cr into its wholly-owned subsidiary, Shriram Overseas Investments Limited. This capital boost, part of an approved Rs. 500 Cr plan, aims to significantly strengthen the subsidiary's financial foundation. Shriram Overseas operates as an investment company, focusing on various securities. This strategic funding reinforces its...
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...
Shriram Finance Limited has announced the acquisition of a 100% equity stake in Shriram Overseas Investments Private Limited from Shriram Investments Holdings Private Limited. This strategic move is aimed at enhancing the company's operational capabilities and market presence. The transaction is valued at ₹400 crore. The acquisition is anticipated to...
Shriram Finance has secured RBI approval for the acquisition of a 100% equity stake in Shriram Overseas Investments Private Limited (SOIPL) from Shriram Investments Holdings Private Limited (SIHPL). This strategic move aims to enhance the company's portfolio and strengthen its market position. With Mr. Umesh Revankar and Mr. Parag Sharma...