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Shriram Finance to sell housing finance subsidiary to Warburg Pincus for Rs 4,630 crore

Shriram Finance to sell housing finance subsidiary to Warburg Pincus for Rs 4,630 crore

Warburg Pincus will acquire the stake through its affiliate Mango Crest Investment from all the sellers. Shriram Finance (SFL) holds a controlling stake in SHFL while private equity firm Valiant Partners L.P. (Valiant), Mauritius, holds the remaining ownership. As a part of this transaction, Valiant will also completely divest its equity stake to Warburg Pincus, the company filing said.

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