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AZB & Partners advised TPG India Investments II, Inc. (“Seller”) on sale of its entire stake of 99,18,348 equity shares in Shriram Finance Limited

By June 26, 2023 No Comments
AZB NEWS 26

AZB & Partners advised TPG India Investments II, Inc. (“Seller”) on sale of its entire stake of 99,18,348 equity shares in Shriram Finance Limited (“Company”), representing approximately 2.65% of the total issued and paid-up equity share capital of the Company, for an amount aggregating to INR 13.89 billion (“Transaction”). The sale took place on the floor of the stock exchanges via the screen-based trading platform. ICICI Securities Limited acted as the broker to the Transaction.