Shriram Finance sells entire stake in housing finance arm for Rs 3,929 crore

Shriram Finance has sold its 84.44% stake in Shriram Housing Finance to Warburg Pincus for Rs 3,929 crore. This strategic move will allow Shriram Housing Finance to further expand its operations and accelerate growth under Warburg Pincus' ownership. The transaction has received all necessary regulatory approvals.