Shriram Finance fundraising meet on Friday: Here’s how the stock is faring ahead of board meeting

Earlier this week, the firm in a regulatory filing had said that the board of directors will meet on Friday to consider raising funds through a rights issue, preferential allotment, qualified institutional placement, or any other permitted method, or a combination of these.

This will be done by issuing equity shares or other eligible securities, in line with applicable laws and regulations, subject to necessary approvals and terms set by the Board of Directors, the filing further added.

“We hereby inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, December 19, 2025, inter alia, to discuss, consider and approve the proposal for raising of funds by way of rights issue, preferential allotment, qualified institutions placement or through any other permissible mode and/or combination thereof as may be considered appropriate by way of issue of equity shares and/or any other eligible securities,” Shriram Finance said.

According to market sources, the Shriram Finance board is likely to approve 20% stake sale in favour of Mitsubishi UFJ Financial Group (MUFG).

Earlier this year, another Japanese financial services firm, Sumitomo Mitsui Banking Corporation (SMBC), picked up a 24.22% stake in Yes Bank. SMBC became the biggest single stakeholder in the bank, followed by the State Bank of India.

Japanese investment bank Mizuho Securities on Wednesday announced a plan to acquire over 60% stake in Avendus Capital from US-based investment firm KKR.

With this, Mizuho Securities, an arm of Mizuho Financial Group, aims to further strengthen its business foundation in India's rapidly developing and maturing capital markets.

Here’s how Shriram Finance shares are faring

At 10:54 PM, the stock was trading at ₹859.55 apiece on the National Stock Exchange, declining 1.14%.

Over a month’s time, Shriram Finance shares have gained more than 5%, while the stock has zoomed over 32% in 6 months. Since the beginning of 2025, the stock has rallied over 47%.

The company has a total market capitalisation of ₹1.62 lakh crore, according to data on the NSE.

Shares of the firm had hit a 52-week high of ₹876.90 on December 18, 2025, and a 52-week low of ₹493.35 on January 20, 2025.

Shriram Finance Q2 earnings

The flagship company of diversified conglomerate Shriram Group had reported a 7% increase in consolidated net profit at ₹2,314 crore in the second quarter of the current fiscal year. The firm had earned a consolidated net profit of ₹2,153 crore in the second quarter of the previous fiscal year.

The total income of Shriram Finance rose to ₹11,921 crore in the quarter under review, from ₹10,097 crore in the same period a year ago. The NBFC firm earned an interest income of ₹11,551 crore in the quarter as against ₹9,815 crore in the same period a year ago.

Its total expenses also moved up to ₹8,808 crore, as compared to ₹7,345 crore in the same period in the previous fiscal year. The company's asset quality improved, with gross Non-Performing Assets (NPAs) declining to 4.57% of gross advances as of September 30, 2025, from 5.32% by the end of the second quarter of the previous fiscal year.