Published 1 month ago

Promoter Of Shriram Finance Sold Over 59 Lakh Shares For Rs 1,427 Crore

Summary by Ground News

Shriram Finance is one of the country's biggest retail non-banking financial companies. Sanlam Life Insurance sold 59.80 lakh shares amounting to a 1.6% stake of the company. The shares were disposed of at an average price of Rs 2,386 apiece, taking the transaction value to Rs 1,427 crore.

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Promoter Of Shriram Finance Sold Over 59 Lakh Shares For Rs 1,427 Crore

Sanlam Life Insurance -- one of the promoters of Shriram Finance -- on Thursday offloaded shares for Rs 1,427 crore through an open market transaction.Shriram Finance is one of the country's biggest retail non-banking financial companies offering credit solutions for commercial vehicles, two-wheeler loans, and car loans.According to the block deal data available with the National Stock Exchange, Sanlam Life Insurance Ltd sold 59.80 lakh shares, …

1 month ago

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Promoter Of Shriram Finance Sold Over 59 Lakh Shares For Rs 1,427 Crore

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Promoter Of Shriram Finance Sold Over 59 Lakh Shares For Rs 1,427 Crore

Promoter Of Shriram Finance Sold Over 59 Lakh Shares For Rs 1,427 Crore

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