Shriram Asset Management Company has re-designated Ketankumar Shah as Principal Officer (PMS Division) and appointed Hitesh Savanth as Senior Fund Manager for its Mutual Fund Business, effective June 15, 2026. These structural changes aim to strengthen the company's leadership in portfolio management and mutual fund operations. Both executives will continue to serve as Senior Management Personnel (SMP) of the company.

The Board of Directors approved the changes through circular resolutions on June 9, 2026, and June 12, 2026, based on the recommendations of the Nomination and Remuneration Committee. The appointments were disclosed to BSE Limited under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Executive Profiles

Ketankumar Shah brings over 17 years of experience in Equity Research, with more than 15 years of buy-side experience. His expertise spans sectors such as BFSI, Engineering, Capital Goods, and Construction. He holds a Post Graduate Diploma in Business Management (PGDBM) from N L Dalmia Institute of Management Studies and Research and a Bachelor of Management Studies (BMS) from Mithibai College, Mumbai University. He also possesses the NISM Series XXI B Portfolio Managers Certificate.

Hitesh Savanth has over 12 years of experience in Portfolio Management and Wealth Management. He has managed and advised Family Offices and UHNIs on Public Equity, Private Investments, and Multi-asset portfolios across Indian and Global markets. Savanth holds a B. Com (Hons.) from Sri Sathya Sai University and is a Chartered Financial Analyst from the CFA Institute.

Details of Appointments

Pratima Talwad has resigned from the position of Head-Institutional Sales at Shriram Asset Management Company , effective June 03, 2026. The resignation was intimated to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company submitted the necessary disclosures to BSE Limited, including a copy of the resignation letter. The filing referenced SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the resignation of senior management personnel.

Resignation Details

The following details were disclosed in the filing:

In her resignation letter addressed to the Managing Director and CEO, Pratima Talwad stated that she had decided to step down from her position and requested to be relieved on June 03, 2026. The letter did not specify a reason for the resignation beyond stating it as "NA".