Shriram Transport Finance - Merger Of Shriram City, Shriram Capital Into Shriram Transport: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.Shriram Capital Ltd. and Shriram City Union Finance Ltd. will merge into Shriram Transport Finance Company Ltd. and the merged entity will be called ‘Shriram Finance Ltd.’Shriram Housing will be a subsidiary with 85.02% holding while the merged entity will continue to hold 44.56% in Shriram Automall post the proposed merger. All other businesses (including life and general insurance) will be housed outside the listed entity. Post-merger with Shriram Transport Finance, the merged entity would have a combined assets under management of over Rs 1.5 trillion, over ~20 million customers served till date and a distribution network of over 3500 branches (including rural centers). The merger would help the group bring together all its lending products and create a market leader in all the products/consumer segments that it operates in..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Shriram Transport Finance - Merger Of Shriram City, Shriram Capital Into Shriram Transport: Motilal Oswal

Shriram Transport Finance - Merger Of Shriram City, Shriram Capital Into Shriram Transport: Motilal Oswal

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