Shriram Finance Clarifies MUFG Deal, Says No Binding Agreement

Shriram Finance clarifies that its discussions with MUFG do not include a binding agreement, addressing market speculation and reassuring stakeholders.

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Shriram Finance Clarifies MUFG Deal, Says No Binding Agreement

Shriram Finance Clarifies MUFG Deal, Says No Binding Agreement
Shriram Finance has clarified its position regarding the ongoing discussions with MUFG, stating that there is no binding agreement in place yet. The company emphasized that while talks are ongoing, no final commitments have been made. This clarification comes after speculation surrounding the potential deal, which had caused market fluctuations. Shriram Finance reassures stakeholders that no agreements will be made without due consideration of regulatory requirements.
Companies:
  • Shriram Finance