While Shriram Finance's peers have seen some increase in stress in vehicle loans, the company's portfolio has held up better across segments in the second quarter, according to Jefferies.(Photo source: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Shriram Finance Ltd. on Tuesday denied any possibility of a stake sale in the company, in what was a direct response to media claims suggesting a 20% equity purchase from MUFG.

“With a view to prevent any misinformation and ensure full transparency, we hereby in good faith wish to clarify that the Company is not aware of any such potential majority stake sale of equity shares of the Company by any shareholder(s)," the company said in an exchange filing.

The non-banking financial company was reacting to a media re

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