CCI approves acquisition of certain shareholding in Shriram Life Insurance Company by Sanlam Emerging Markets (Mauritius) Ltd

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....CI approves acquisition of certain shareholding in Shriram Life Insurance Company by Sanlam Emerging Markets (Mauritius) Ltd<BR>News and Press Release<BR>Dated:- 10-6-2026<BR><BR>The Competition Commi....

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....ssion of India (CCI) has approved acquisition of certain shareholding in Shriram Life Insurance Company Limited by Sanlam Emerging Markets (Mauritius) Ltd. The proposed combination envisages acquis....

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....ition of 2.80% of the expanded equity capital of Shriram Life Insurance Company Limited (SLIC) through a preferential issue by Sanlam Emerging Markets (Mauritius) Ltd. (SEMM). SEMM, incorporated in....

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.... Mauritius, is a part of Sanlam Group of South Africa. It is a strategic partner of Shriram Group and has investment in India in various Shriram Group entities. SLIC is a life insurance company, re....

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....gistered with IRDAI and engaged in the business of effecting contracts of insurance upon human life, develop and market a variety of products in the life insurance business, unit-linked life insurance....

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.... products, and any other activity within the ambit of provisions of Insurance Act, 1938. Detailed order of the Commission will follow. =============<BR> News - Press release - PIB....