Japan's MUFG Bank plans to acquire a 20% stake in Shriram Finance for $4.4 billion, including a $200 million non-compete fee paid to Shriram Ownership Trust (SOT). This fee, intended to prevent SOT from launching a rival business, is unusual as SOT will retain promoter status and management control. Analysts and investors question the fee's necessity and equitable treatment for all shareholders, as Indian securities regulations typically require promoters to exit for such payments and ensure equal treatment for all shareholders.