Upgraded to Investment Grade by Moody's Following Major MUFG Investment
Shriram Finance Limited · SHRIRAMFIN · NSE ·
• Moody's has upgraded the company's long-term rating to <b>Baa3 (Investment Grade)</b> from Ba1, with a Stable outlook. • The upgrade follows a strategic investment from <b>MUFG Bank</b>, which acquired a <b>20% stake</b> for <b>INR 396 billion</b> (approx. $4.4 billion). • The…