CCI nod for merger of Shriram GI Holdings with Shriram General Insurance thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The Shriram Group is one of the largest and well-respected financial services conglomerates. Its main line of activities in financial services includes truck financing, consumer durable financing, stock broking, insurance broking, and life insurance, etc.
Get latest articles and stories on Latest News at LatestLY. Fair trade regulator CCI on Tuesday cleared the proposed combination involving the merger of various entities of the Shriram Group. Latest News | CCI Clears Amalgamation Involving Shriram Group Entities.
The Ajay Piramal-led Piramal Enterprises Ltd has sold its entire 8.34% stake in Shriram Finance Limited to third-party investors in a bulk deal, reportedly priced at Rs1,483 per share. This follows a day after US private equity TPG sold its entire 2.65% stake in Shriram Finance.