Competition Commission of India (CCI) approves Sanlam Group's stake purchase in Shriram Life Insurance

Exam-focused facts from the 13 June 2026 current affairs briefing.

Key facts

The Competition Commission of India (CCI) approved the proposal of South Africa-based Sanlam Group to acquire a stake in Shriram Life Insurance Company Ltd (SLIC).
The acquisition involves 2.80 per cent of the expanded equity capital of SLIC.
The stake will be acquired through a preferential issue by Sanlam Emerging Markets (Mauritius) Ltd (SEMM).
SEMM is incorporated in Mauritius and is a part of the Sanlam Group of South Africa.
SLIC is registered with the Insurance Regulatory and Development Authority of India (IRDAI) and operates under the Insurance Act, 1938.