Shriram Asset Management acquires stake in MF Utilities India

Shriram Asset Management Company Limited has finalized its investment in MF Utilities India Private Limited. This follows an earlier intimation on July 2, 2025, regarding the proposed acquisition.

The company subscribed to 500,000 equity shares of MF Utilities India Private Limited, each with a face value of ₹1. The shares were acquired at a fair value of ₹9.93 per share, bringing the total investment to ₹4,965,000.

This investment constitutes 2.22% of the post-private placement capital of MF Utilities India Private Limited. The disclosure was made under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, as amended.