InvestorQ : What are the merger synergies in the Shriram group NBFCs?
Aashna Tripathi made post

What are the merger synergies in the Shriram group NBFCs?

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Aditi Sharma answered.
1 month ago
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The merger of Shriram Transport Finance and Shriram City Union Finance was approved by 97% of shareholders and 99% of secured and unsecured creditors of STFC. The merged entity will offer funding for the complete range of vehicles apart from gold and mortgage loans. SCUF board and creditors need to approve the merger.

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