Shriram City Union Finance Ltd

Buzzing stocks: Wipro, Shriram Finance, L&T Finance Holdings, AB Money, Allcargo Logistics, ITI, L&T Technology, Rama Steel Tubes, V-Guard, Ircon International, Raj Oil Mills, Hathway, Just Dial

The shares are amounted to 6.48 per cent of total share/ voting capital of SCUF

Chennai bench of NCLT has approved the three-way merger at Shriram Group 

Subramanian tells us how the company emerged as the fourth largest affordable homes player and grew its loan book to Rs 6,000 crore

MD Chakravarti E expects demand for recently launched gold loans to pick-up post merger with sister company Shriram Transport Finance

The scheme entails merger of STFC, Shriram City Union Finance and Shriram Capital

The merger of the two entities will create Shriram Finance, the country’s largest retail NBFC

Immediate resistance is at ₹1,860

We zoom in on its prospects, as also that of two other stocks

Awaits NCLT process completion for merger with Shriram TransportShriram City posts strong growth in profit & disbursements in Q4 & FY22

As per the swap ratio, for every share held in SCUF and SCL, shareholders will be issued 1.55 and 0.097 shares of STFC

Any rise in risk appetite following the merger could subsequently pressure asset quality and credit costs