Shriram Finance Limited received RBI approval on April 1, 2025, to acquire a 100% equity stake in Shriram Overseas Investments Private Limited (SOIPL) from Shriram Investments Holdings Private Limited (SIHPL).
The company had announced the proposed acquisition on April 26, 2024.
Mr. Umesh Revankar and Mr. Parag Sharma have been appointed as Directors on the board of SOIPL.