Board Meeting23 Oct 2026, 03:38 pm
Shriram Finance Declares Interim Dividend of 325%
AI Summary
Shriram Finance Ltd announced the outcome of its Board Meeting held on October 23, 2026. The board approved the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. An interim dividend of 325% (₹6.50 per equity share) was declared for FY 2026-27, with October 29, 2026, as the record date. The company also approved a resource mobilization plan for issuing debt securities up to ₹35,000 crore and appointed Mr. Panakala Raju M as Chief Software Officer.
Key Highlights
- Unaudited Q2 and H1 FY27 financial results approved.
- Interim dividend of 325% (₹6.50 per share) declared.
- Record date set for October 29, 2026, for dividend payment.
- Plan approved for debt securities issuance up to ₹35,000 crore.
- New Chief Software Officer appointed.
Price Impact
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