Shriram-MUFG deal may test rules on non-compete fee for promoters
Published on: Jan. 13, 2026, 12:31 a.m. | Source: The Economic Times
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.
