Director of shriram group is AJAY PIRMAL he took charge of four decades ego and benefited it 

 Major investments around of Rs.4500 crore in shriram transport finance company(STFC)and shriram city union finance company(STUF)

Ajay piramal looking for major maximum value for shareholder of both piramal & shriram group and one of this plan to exit shriram group

Non banking finance company (NBFC) and liquidation of collapse in last september and valuations are low. Talk for merger or partnership of piramal enterprise and the shriram group was rife also followed attempt to merge SCUF with IDFC Bank. While Companies of STFC and SCUF have been lending Largely to retail borrowers and Micro Small and Medium Enterprise (MSMEs).

Due to Rule of Non performing Asset (NPA) RBI decision to Reduce Assets Upto 180 days and Other difficulties Face due to Demonetisation ,GST implementation,and other Crisis

As a director of piramal and shriram group Ajay piramal plan to invest in shriram group and vodafone for RS.8900 crore plan to exit form vodafone .Final Merger of Three entities:

(1) Shriram group of capital

(2) shriram transport company 

(3) shriram union finance company 

It will be considered more value of piramal Group

33.75% in union finance company 26.08% in transport Piramal,s Plan for next years  

"we are looking for the right partners. There is no limit by which we have to exit "says Ajay piramal  

So,shriram group of comapnies and piramal capital face crisis due to NPA Rules,GST implementation and other government issues but as a Chairman of piramal & Shriram Group Ajay piramal decision of Merger of three entities it will be considered excellent move to Corporate governance

 By --Helly Vyas