StockWatch
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Non Banking Financial Company (NBFC)
Board Meeting24 Jul 2026, 02:11 pm

Shriram Finance Board Approves Q1 FY27 Unaudited Results

AI Summary

Shriram Finance Limited's Board of Directors convened on July 24, 2026, approving and taking on record the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The board also sanctioned a periodical resource mobilization plan for issuing debt securities, including NCDs, bonds, and notes, through private placement or public issue, for business purposes from August 1, 2026, to October 31, 2026. The company has enclosed the unaudited financial results, limited review reports from joint statutory auditors M/s. G. D. Apte & Co. and M/s M M NISSIM & CO LLP, and various disclosures as per Listing Regulations. Additionally, a statement confirming no deviation in the utilization of funds from preferential issues and disclosures on the utilization of proceeds from non-convertible securities were approved.

Key Highlights

  • Board approved unaudited Q1 FY27 standalone and consolidated financial results.
  • Resource mobilization plan for debt securities issuance approved.
  • Plan covers NCDs, bonds, and notes for August-October 2026 period.
  • Limited review reports from joint statutory auditors are included.
  • Disclosures on fund utilization and security cover provided.