NBFC Shriram Finance today said it sold its entire 84.4 per cent stake in Shriram Housing Finance to Warburg Pincus for ₹3,929 crore, according to an exchange filing. The sale is done to Warburg Pincus affiliate Mango Crest Investment, after receiving all regulatory approvals.

As part of the deal, first announced in May, private equity firm Valiant Partners LP—which held the remaining stake in Shriram housing—will also completely divest its equity stake to Warburg Pincus. Shriram Finance’s overall AUM stands at over ₹2.43 lakh crore.