Shriram Finance refutes MUFG 20% stake reports

On Wednesday, Shriram Finance rejected reports claiming that Mufg plans to receive a 20% share of $ 2.6 billion and called them “rumor and speculation .. The company added that the increase in the share price of the day on BSE and NSE is completely market -oriented and that the administration has no control or information about the reasons behind the movement.(More will come)