Subsidiary16 Oct 2026, 11:13 am
Shriram Finance Subsidiary Renamed to Shriram Gilts Limited
AI Summary
Shriram Finance Ltd has announced the name change of its wholly owned subsidiary from Shriram Overseas Investments Limited to Shriram Gilts Limited. This change is effective from October 15, 2026, and has been approved by the Ministry of Corporate Affairs (MCA). The subsidiary had previously received in-principle approval from the Reserve Bank of India (RBI) to commence Primary Dealer (PD) business, subject to certain conditions. The name change aligns with the subsidiary's intended business operations.
Key Highlights
- Wholly owned subsidiary name changed from Shriram Overseas Investments Limited.
- New name of the subsidiary is Shriram Gilts Limited.
- Effective date of name change is October 15, 2026.
- Subsidiary is set to commence Primary Dealer (PD) business.
- Name change approved by Ministry of Corporate Affairs (MCA).
Price Impact
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