Shriram Asset Management Company Limited has completed the allotment of 52,312 equity shares to its employees under the Employee Stock Option Plan 2022 (ESOP-2022). The allotment was approved by the company's ESOP Allotment Committee on March 17, 2026, at 11:55 am through a circular resolution.

Share Allotment Details

The company allotted equity shares of face value ₹ 10 each, fully paid-up, to 6 employees who exercised their stock options under the ESOP-2022 scheme. The allotment resulted in an increase in the company's paid-up share capital from ₹ 16,92,83,840 to ₹ 16,98,06,960.

Exercise Price Structure

The shares were allotted at two different exercise price levels, reflecting the varying grant dates and market conditions at the time of option grants.

Regulatory Compliance

The allotment was conducted in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company had initially filed the ESOP scheme statement with BSE Limited on February 04, 2022, under case number 146345.

Share Characteristics

The newly allotted equity shares carry distinctive numbers from 16928385 to 16980696 (both inclusive) and rank pari-passu with existing equity shares in all respects. The shares are issued in demat form and are identical to the company's existing equity shares listed on BSE Limited. No lock-in period applies to these shares, and no additional listing fees are payable for this allotment.

Shriram Asset Management Company Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing continued operational challenges despite revenue growth. The asset management firm reported a net loss of ₹518.51 crores for Q3FY26, marginally higher than the ₹517.91 crores loss recorded in the corresponding quarter of the previous fiscal year.

Financial Performance Overview

The company's financial performance for Q3FY26 showed mixed results across various parameters:

The company's revenue from asset management services demonstrated strong growth, rising 56.52% year-on-year to ₹78.76 crores. However, interest income declined by 19.84% to ₹51.81 crores compared to ₹64.63 crores in Q3FY25.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company's performance reflected ongoing challenges:

The nine-month results showed revenue from operations growing by 59.52% to ₹218.76 crores, while the net loss widened to ₹1,237.23 crores from ₹1,133.40 crores in the corresponding period last year.

Key Corporate Developments

The Board of Directors approved several significant decisions during their meeting held on February 06, 2026:

Leadership Appointment

Ms. Vinita Kapoor brings over 12 years of experience in corporate governance, secretarial, legal, and regulatory compliance across listed companies and asset management firms. She previously served as Assistant Vice President – Governance & Compliance at EAAA India Alternatives Limited.

Expense Analysis

The company's expenditure structure for Q3FY26 revealed significant cost pressures:

• Employee Benefits Expense: ₹578.54 crores (vs ₹396.15 crores in Q3FY25)
• Other Expenses: ₹280.58 crores (vs ₹245.75 crores in Q3FY25)
• Depreciation and Amortisation: ₹9.66 crores (vs ₹20.29 crores in Q3FY25)

Employee benefits expense increased substantially by 46.04% year-on-year, contributing significantly to the overall expenditure growth.

Share Capital and Earnings Impact

The company's paid-up equity share capital stood at ₹1,692.84 crores as of December 31, 2025, compared to ₹1,301.69 crores in the corresponding quarter last year. Basic and diluted earnings per share for Q3FY26 were both ₹-3.98, identical to the loss per share recorded in Q3FY25. For the nine-month period, earnings per share improved to ₹-7.45 from ₹-8.71 in the previous year.