Clarification Request Date:
October 14, 2026
Clarification:
- The company formally denies a news article published in Mint on October 14, 2026 titled "MUFG keen on majority control of Shriram Finance"
- Similar reports published on October 13, 2026 in certain online mainstream media outlets are characterized as speculative
- Recent market price movements of the company's equity shares on October 13-14, 2026 are described as "absolutely market driven"
- Company management states they have neither control nor knowledge of the reasons for the price increase/decrease
- The clarification is issued under Regulation 30 (11) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The company confirms it submits all requisite disclosures to stock exchanges and will continue to comply with Regulation 30 obligations