Tuesday, May 16, 2023

Shriram Finance yet to decide on stake dilution in housing finance arm, may infuse capital by year-end

"We are still debating about how to infuse capital into the housing finance company. The debate is whether we should infuse capital or we should unlock the value by diluting 10-20% of our holding, or go for an initial public offer. We are not yet clear about the path we want to take," Shriram Finance Managing Director YS Chakravarti told ET.

source https://economictimes.indiatimes.com/industry/banking/finance/shriram-finance-yet-to-decide-on-stake-dilution-in-housing-finance-arm-may-infuse-capital-by-year-end/articleshow/100285183.cms

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