Shriram Finance Ltd

Shriram Finance Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, issued by CRISIL Ratings Limited. This report, mandated by SEBI regulations, details the utilization of funds raised through a Preferential Issue of Equity Shares. The report confirms that fund utilization is in line with the disclosures made in the Offer Document. The Audit Committee and Board of Directors have reviewed the report, which will also be available on the company's website. CRISIL Ratings, acting as the Monitoring Agency, has declared no deviation from the objects of the issue.

Shriram Finance Ltd has announced that its Banking and Finance Committee and Allotment Committee- NCDs will meet to consider and approve the issuance of redeemable non-convertible debentures (NCDs), subordinated debentures, and bonds. This fundraising activity is planned to take place on a private placement basis in the onshore/offshore market, subject to market conditions. The committees will deliberate on the terms, conditions, and issue price of these debt securities during the period from August 01, 2026, to October 31, 2026.

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.

Shriram Finance Limited's Board of Directors met on July 24, 2026, to approve the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The board also approved a resource mobilization plan for issuing debt securities, including NCDs, subordinated debentures, and bonds, through private placement or public issue. This plan covers the period from August 1, 2026, to October 31, 2026. The company confirmed no deviation in the utilization of funds from a preferential issue for the quarter and provided a nil statement for material deviation in the use of proceeds from non-convertible securities.

Shriram Finance Limited announced that its Board of Directors has approved and taken on record the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The company also approved a periodical resource mobilization plan for issuing debt securities, including NCDs, subordinated debentures, bonds, or notes, through private placement or public issue, in one or more tranches, or other borrowing methods in onshore/offshore markets. This plan is for the period from August 1, 2026, to October 31, 2026, to support the company's business operations. The results were accompanied by limited review reports from joint statutory auditors M/s. G. D. Apte & Co. and M/s M M NISSIM & CO LLP.

Shriram Finance reported a strong Q1 FY27 (quarter ended June 30, 2026): consolidated net profit rose ~59.9% YoY to ₹3,452.77 Cr on total income of ₹13,418.74 Cr (+16.3% YoY), with the standalone entity almost identical at ₹3,444.56 Cr. The print is clean — no exceptional items on either side — so the reported growth is also the underlying growth. Profit ran nearly four times faster than revenue because net interest margin expanded sharply: NIM widened to 9.04% from 8.11% a year ago and net profit margin to 25.73% from 18.71%, as net interest income jumped 33.67% to ₹8,055.70 Cr while finance costs stayed flat-to-lower (₹5,204 Cr vs ₹5,401 Cr) despite AUM growing 15.3%. The margin bridge is largely a capital-structure story. The April 2026 ₹39,618 Cr preferential allotment to MUFG Bank (a 20% stake) deleveraged the balance sheet — consolidated debt-to-equity fell to 2.14x from 4.14x YoY, and ₹15,000 Cr of the proceeds retired borrowings — lifting NII and cutting the cost of funds. Core operating profit still grew ~45%, and cost-to-income improved to 25.48% (vs a 26-27% target), so the operating engine is genuinely stronger, not just financially re-engineered. The flip side: the enlarged equity base pulled ROE down to 12.76% from 14.69%, and ₹2,167 Cr of the raise is still parked in liquid funds pending deployment — dilution is running ahead of redeployment for now. Against management's own FY27 guidance (given cautiously on the Q4 call and flagged for re-evaluation after Q1), the quarter is broadly on-track with margins ahead: NIM at 9.04% beats the ~8.5% aim and cost-to-income beats target; segment-wise, Commercial Vehicles AUM grew 19.4% (guided 15-18%) and Passenger Vehicles 21.2% (guided >20%), both meeting or beating. The soft spots are the ones management was already cautious on — overall AUM +15.3% sits below the 18% budget, and MSME grew just 8.1% versus a 13-15% target. Asset quality held up (Gross Stage 3 stable at 4.64%, coverage 50.99%), though provisions rose 13.8% YoY and the fast-growing Gold book (AUM +45.8%) carries a low 12.9% Stage-3 coverage worth watching. No reliable Street consensus for this specific quarter surfaced in search, so the beat-vs-expectations angle is unverified; the concurrent board actions this quarter were financing-related (₹1,500 Cr NCD allotment, a fresh Aug-Oct debt-raise plan, and the ₹6/share FY26 final dividend paid July 21), not operational.

Shriram Finance Limited has announced the payment of its final dividend for the Financial Year 2025-26. The dividend amounts to 300%, or ₹6 per equity share of face value ₹2 each. This dividend was recommended by the Board of Directors and approved at the 47th Annual General Meeting held on July 10, 2026. The payment was made on Tuesday, July 21, 2026, to eligible shareholders whose names appeared on the company's register of members as of Friday, July 03, 2026 (the Record Date). Applicable taxes at source have been deducted.

Shriram Finance Ltd has announced that its Board of Directors will convene on July 24, 2026. The primary agenda items include the consideration and approval of the unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. Additionally, the board will discuss and approve a periodical resource mobilization plan for issuing debt securities, such as redeemable non-convertible debentures, bonds, or notes, through private placement or public issue, to fund the company's business operations.

Shriram Finance Limited held its 47th Annual General Meeting (AGM) on July 10, 2026, where all ten proposed resolutions were approved by the shareholders. The resolutions included the adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Voting was conducted through remote e-voting and e-voting at the AGM. The results indicate strong shareholder support, with resolutions passing with a requisite majority. The company also submitted the consolidated scrutinizer's report as per SEBI regulations.

Shriram Finance Limited has successfully allotted Non-Convertible Debentures (NCDs) worth ₹1,500 Crores through private placement. The Allotment Committee - NCDs approved the issuance of senior, secured, rated, listed, redeemable, taxable NCDs. Option 1 involves a base issue size of ₹1,000 Crores with a coupon rate of 7.80% p.a. and maturity on September 07, 2029. Option 2 includes a base issue size of ₹500 Crores with an option to retain a green shoe of ₹500 Crores, a coupon rate of 8% p.a., and maturity on December 26, 2031. The proceeds will be utilized for augmenting long-term resources, onward lending, refinancing debt, and working capital.