Shriram Finance Limited (SHRIRAMFIN) — Corporate Action | 29 May 2025

· NSE 🔴 High Importance Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings

Shriram Finance Limited's Allotment Committee approved issuance of ₹100 crores in senior secured Non-Convertible Debentures (NCDs) on private placement with a 8.9267% coupon rate, maturing July 20, 2027. The company allotted 10,000 NCDs at ₹1,06,785.26 per debenture (including accrued interest), issued at a ₹1,845 premium per unit. Proceeds will fund long-term resources, asset financing, and working capital. This is the third tranche under the same series within the current fiscal year.

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About Shriram Finance Limited (SHRIRAMFIN)

Financial Services · Finance · Listed on NSE

Market Cap: ₹2,20,671.98 Cr P/E: 23.3

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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