Shriram-MUFG deal may test rules on non-compete fee for promoters
- Posted on January 12, 2026
- By Business News Today
- 2 Views
Shriram-MUFG deal may test rules on non-compete fee for promoters
The non-compete payment —amounting nearly 5% of the deal value—is intended to prevent Shriram Ownership Trust (SOT), the promoter entity, from launching a rival lending business under the Shriram brand or any other name.
