Three Proxy advisory firms have supported all three proposals, including stake dilution in favour of Japan-based MUFG Bank, for the Shriram Finance EGM to be held next week. The extraordinary general meeting has been called on January 14 to secure a nod for fund infusion of Rs 39,618 crore or USD 4.4 billion (about Rs 39,600 crore) from MUFG Bank by diluting 20 per cent stake through preferential issue shares. Last month, Japan's Mitsubishi UFJ Financial Group Inc (MUFG) announced its plan to acquire a 20 per cent minority stake in non-bank lender Shriram Finance for Rs 39,618 crore (around USD 4.4 billion), marking the largest cross-border investment in India's financial sector to date. The first two resolutions are the preferential allotment of shares of 20 per cent shareholding to MUFG Bank and the grant of special rights to MUFG Bank. These are special resolutions requiring 75 per cent of votes cast. The third resolution is the USD 200 million non-compete fee being paid by MUFG