shriram finance block deal: Promoter of Shriram Finance sold over 59 lakh shares for Rs 1,427 crore petek, September 12, 2024 New Delhi: Sanlam Life Insurance — one of the promoters of Shriram Finance — on Thursday offloaded shares for Rs 1,427 crore through an open market transaction. Shriram Finance is one of the country’s biggest retail non-banking financial companies (NBFCs) offering credit solutions for commercial vehicles, two-wheeler loans, and car loans. According to the block deal data available with the National Stock Exchange (NSE), Sanlam Life Insurance Ltd sold 59.80 lakh shares, amounting to a 1.6 per cent stake of the company. The shares were disposed of at an average price of Rs 2,386 apiece, taking the transaction value to … Continue Reading
As of April 2023, Mandiri Utama Finance’s NPF has increased slightly, this is the reason petek, August 29, 2024 ILLUSTRATION. PT Mandiri Utama Finance (MUF) posted a slight increase in non-performing financing (NPF). Reporter: Arif Ferdianto | Editor: Khomarul Hidayat KONTAN.CO.ID – JAKARTA. PT Mandiri Utama Finance (MUF) posted a slight increase in non-performing financing (NPF). Mandiri Utama Finance CEO Stanley Setia Atmadja said, as of April 2023 Mandiri Utama Finance’s NPF reached 1.16%, an increase of 0.94% from the position in March 2023. “The increase is due to the very limited number of working days in April 2023 along with the fairly long Eid holiday,” he said in a written statement to Kontan.co.id, Wednesday (7/6). Also Read: … Continue Reading