Shriram AMC: No Deviation in Preferential Issue Proceeds Utilization

Shriram Asset Management Company Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, prepared by ICRA Limited, confirms that the utilization of proceeds from the company's preferential issue is in line with the stated objects, with no deviation observed. The preferential issue, which closed on April 23, 2025, raised ₹105.00 Crore through the issuance of 38,88,889 equity shares at ₹270 each. The report also clarifies that the Monitoring Agency does not perform an audit and its findings are based on information provided by the issuer and reliable sources.